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2022 SESSION
HB 892 Regional Greenhouse Gas Initiative (RGGI); preexisting contracts.
Introduced by: Terry G. Kilgore | all patrons ... notes | add to my profiles
SUMMARY AS INTRODUCED:
Regional Greenhouse Gas Initiative; preexisting contracts. Establishes a reserve account for the purchase of Regional Greenhouse Gas Initiative (RGGI) allowances by an entity that has a preexisting contractual arrangement related to a power purchase entered into on or before May 16, 2017, and continuing in effect on July 1, 2020, through December 31, 2025. Such entity is authorized under the bill to purchase RGGI credits at a discounted rate, subject to conditions set forth in the bill, if, because of the preexisting contractual arrangement, the entity is unable to pass through or recover its RGGI costs.
FULL TEXT
AMENDMENTS
HISTORY
- 01/12/22 House: Prefiled and ordered printed; offered 01/12/22 22101448D
- 01/12/22 House: Referred to Committee on Commerce and Energy
- 02/03/22 House: Reported from Commerce and Energy (12-Y 10-N)
- 02/07/22 House: Read first time
- 02/08/22 House: Read second time and engrossed
- 02/09/22 House: Read third time and passed House (51-Y 48-N)
- 02/09/22 House: VOTE: Passage (51-Y 48-N)
- 02/10/22 Senate: Constitutional reading dispensed
- 02/10/22 Senate: Referred to Committee on Commerce and Labor
- 02/21/22 Senate: Rereferred from Commerce and Labor (14-Y 0-N)
- 02/21/22 Senate: Rereferred to Agriculture, Conservation and Natural Resources
- 02/22/22 Senate: Reported from Agriculture, Conservation and Natural Resources with amendment (9-Y 6-N)
- 02/22/22 Senate: Rereferred to Finance and Appropriations
- 03/01/22 Senate: Passed by indefinitely in Finance and Appropriations (9-Y 6-N)