Bill Text - HB410 (2022)

(New Title) establishing a commission to study the assessing of power generation and utility transmission


Revision: Jan. 10, 2021, 10:12 a.m.

HB 410  - AS INTRODUCED

 

 

2021 SESSION

21-0458

10/04

 

HOUSE BILL 410

 

AN ACT establishing a committee to study the requirements of reporting by utility companies of information required for valuation of certain utility property for purposes of RSA 72.

 

SPONSORS: Rep. Merner, Coos 7; Rep. Abrami, Rock. 19

 

COMMITTEE: Science, Technology and Energy

 

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ANALYSIS

 

This bill establishes a committee to study the requirements of reporting by utility companies of information required for valuation of certain utility property  for purposes of RSA 72.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

21-0458

10/04

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty One

 

AN ACT establishing a committee to study the requirements of reporting by utility companies of information required for valuation of certain utility property for purposes of RSA 72.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Committee Established.  There is established a committee to study the requirements of reporting by utility companies of information required for valuation of utility transmission and generation property  for purposes of RSA 72.

2  Membership and Compensation.

I.  The members of the committee shall be as follows:

(a)  Three members of the house of representatives, one of whom shall be a member of the science, technology and energy committee, one of whom shall be a member of the ways and means committee, and one of whom shall be from the minority party, appointed by the speaker of the house of representatives.

(b)  One member of the senate, appointed by the president of the senate.

II.  Members of the committee shall receive mileage at the legislative rate when attending to the duties of the committee.

3  Duties.  The committee shall study and report as to whether legislation is recommended regarding the form and content of reporting by utility companies of the value of utility transmission and generation property for purposes of RSA 72.

4  Chairperson; Quorum.  The members of the study committee shall elect a chairperson from among the members.  The first meeting of the committee shall be called by the first-named house member.  The first meeting of the committee shall be held within 45 days of the effective date of this section.  Three members of the committee shall constitute a quorum.

5  Report.  The committee shall report its findings and any recommendations for proposed legislation to the speaker of the house of representatives, the president of the senate, the house clerk, the senate clerk, the governor, and the state library on or before November 1, 2021.

6  Effective Date.  This act shall take effect upon its passage.