HB 690 (BR 1851) - R. Rand
AN ACT relating to natural gas acquisition and supply.
Create new sections of KRS 353 to provide for the creation of Gas Acquisition Authorities for acquiring and financing reliable and economical supplies of natural gas for the use and benefit of municipal utilities; provide that a Gas Acquisition Authority is created by interlocal cooperation agreement between two or more municipal gas systems following the procedures and requirements of the Interlocal Cooperation Act, including approval of the Interlocal Cooperation Agreement by the Department for Local Government; provide that a: Gas Acquisition Authority is a political subdivision of the state; is subject to the Commonwealth's open public meeting and public records laws; has all powers necessary to acquire, own, and manage reliable and economic supplies of gas; may enter into all contracts necessary or related to accomplishment of its purposes; may issue bonds to finance the cost of acquiring gas supplies and may pledge revenues to secure the bonds; may enter into contracts for the sale of its gas supplies to municipal utilities and other public agencies that agree to pay for gas only out of their utility revenues; and is not authorized to sell gas to retail customers served by an investor or consumer-owned utility.
HB 690 - AMENDMENTS
HFA (1, R. Rand) - Retain original provisions, except delete "municipalities" and insert "municipal utilities" in lieu thereof on page 2, line 23; delete "public agencies" and insert "municipal utilities" in lieu thereof on page 5, lines 17-17; delete "remarking" and insert "remarketing" in lieu thereof on page 7, line 10.
HFA (2, R. Rand) - Retain original provisions, except delete "municipalities" and insert "municipal utilities" in lieu thereof on page 2, line 23; delete "public agencies" and insert "municipal utilities" in lieu thereof on page 5, lines 17-18; delete "remarking" and insert "remarketing" in lieu thereof on page 7, line 10; delete "public agency" and insert "municipal utility" in lieu thereof on page 8, line 14.
Mar 3-introduced in House
Mar 4-to Natural Resources & Environment (H)
Mar 5-posting waived
Mar 6-reported favorably, 1st reading, to Calendar
Mar 7-2nd reading, to Rules
Mar 10-posted for passage in the Regular Orders of the Day for Tuesday, March 11, 2008; floor amendment (1) filed
Mar 12-floor amendment (2) filed
Mar 14-3rd reading, passed 93-0 with floor amendment (2)
Mar 17-received in Senate
Mar 25-taken from Committee on Committees (S); 1st reading; returned to Committee on Committees (S)
Mar 26-to Agriculture & Natural Resources (S)
Mar 27-reported favorably, 2nd reading, to Rules as a Consent Bill
Apr 2-posted for passage in the Consent Orders of the Day for April 2, 2008; 3rd reading, passed 38-0; received in House
Apr 14-enrolled, signed by Speaker of the House
Apr 15-enrolled, signed by President of the Senate; delivered to Governor
Apr 24-signed by Governor (Acts Ch. 159)