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Text: H04029                            Text: H04031
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House Amendment 4030

Amendment Text

PAG LIN
  1  1    Amend House File 567 as follows:
  1  2    #1.  Page 2, lines 3 and 4, by striking the words
  1  3 "is requested to" and inserting the following:
  1  4 "shall".
  1  5    #2.  Page 2, line 11, by inserting after the word
  1  6 "energy." the following:  "It is the intent of the
  1  7 general assembly that the developers of alternate
  1  8 energy production facilities or small hydro facilities
  1  9 who have proceeded in good faith under the terms and
  1 10 conditions of sections 476.41 through 476.44 to
  1 11 develop such facilities not suffer economic losses as
  1 12 a result of legislation that would alter the
  1 13 obligation of electric utilities to enter into long-
  1 14 term contracts to purchase or wheel electricity from
  1 15 those facilities.  The committee shall consider a
  1 16 mechanism for reimbursement of reasonable net losses
  1 17 incurred by those developers, both prior to the
  1 18 effective date of this Act and during the moratorium
  1 19 imposed by section 4 of this Act, if any such losses
  1 20 are determined by the Iowa utilities board to have
  1 21 been incurred." 
  1 22 
  1 23 
  1 24                              
  1 25 BLODGETT of Cerro Gordo
  1 26 HF 567.705 76
  1 27 js/sc
     

Text: H04029                            Text: H04031
Text: H04000 - H04099                   Text: H Index
Bills and Amendments: General Index     Bill History: General Index

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