Text: S03672 Text: S03674 Text: S03600 - S03699 Text: S Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Amend House File 577, as amended, passed, and
1 2 reprinted by the House, as follows:
1 3 #1. Page 1, lines 24 and 25, by striking the words
1 4 "or for the lease of,".
1 5 #2. Page 1, lines 26 and 27, by striking the words
1 6 "or nameplate capacity of the facility leased".
1 7 #3. Page 2, line 8, by inserting after the word
1 8 "generation." the following: "The rate-regulated
1 9 public utility shall also demonstrate to the board
1 10 that it has considered other sources for long-term
1 11 electric supply, and that the power purchase contract
1 12 is reasonable when compared to other feasible
1 13 alternative sources of supply including the building
1 14 of utility-owned generation. The board may condition
1 15 its approval upon the utility and the successful
1 16 bidder agreeing to contract modifications identified
1 17 by the board."
1 18 #4. Page 2, by inserting after line 21 the
1 19 following:
1 20 "Sec. . Section 476.6, Code 2001, is amended by
1 21 adding the following new subsection:
1 22 NEW SUBSECTION. 16B. ELECTRIC POWER GENERATING
1 23 FACILITY EMISSIONS.
1 24 a. It is the intent of the general assembly that
1 25 the state, through a collaborative effort involving
1 26 state agencies and affected generation owners, provide
1 27 for compatible statewide environmental and electric
1 28 energy policies with respect to regulated emissions
1 29 from rate-regulated electric power generating
1 30 facilities in the state that are fueled by coal. Each
1 31 rate-regulated public utility that is an owner of one
1 32 or more electric power generating facilities fueled by
1 33 coal and located in this state on June 1, 2001, shall
1 34 develop a multiyear plan and budget for managing
1 35 regulated emissions from its facilities in a cost-
1 36 effective manner.
1 37 (1) The initial multiyear plan and budget shall be
1 38 filed with the board by April 1, 2002. Updates to the
1 39 plan and budget shall be filed at least every twenty-
1 40 four months.
1 41 (2) Copies of the initial plan and budget, as well
1 42 as any subsequent updates, shall be served on the
1 43 environmental protection division of the department of
1 44 natural resources.
1 45 (3) The initial multiyear plan and budget and any
1 46 subsequent updates shall be considered in a contested
1 47 case proceeding pursuant to chapter 17A. The
1 48 environmental protection division of the department of
1 49 natural resources and the consumer advocate shall
1 50 participate as parties to the proceeding.
2 1 (4) The department of natural resources shall
2 2 state whether the plan or update meets applicable
2 3 state environmental requirements for regulated
2 4 emissions. If the plan does not meet these
2 5 requirements, the department shall recommend
2 6 amendments that outline actions necessary to bring the
2 7 plan or update into compliance with the environmental
2 8 requirements.
2 9 b. The board shall not approve a plan or update
2 10 that does not meet applicable state environmental
2 11 requirements and ambient air quality standards for
2 12 regulated emissions from electric power generating
2 13 facilities located in the state.
2 14 c. The board shall review the plan or update and
2 15 the associated budget, and shall approve the plan or
2 16 update and the associated budget if the plan or update
2 17 and the associated budget are reasonably expected to
2 18 achieve cost effective compliance with applicable
2 19 state environmental requirements and federal ambient
2 20 air quality standards. In reaching its decision, the
2 21 board shall consider whether the plan or update and
2 22 the associated budget reasonably balance costs,
2 23 environmental requirements, economic development
2 24 potential, and the reliability of the electric
2 25 generation and transmission system.
2 26 d. The board shall issue an order approving or
2 27 rejecting a plan, update, or budget within one hundred
2 28 eighty days after the public utility's filing is
2 29 deemed complete; however, upon good cause shown, the
2 30 board may extend the time for issuing the order as
2 31 follows:
2 32 (1) The board may grant an extension of thirty
2 33 days.
2 34 (2) The board may grant more than one extension,
2 35 but each extension must rely upon a separate showing
2 36 of good cause.
2 37 (3) A subsequent extension must not be granted any
2 38 earlier than five days prior to the expiration of the
2 39 original one-hundred-eighty-day period, or the current
2 40 extension.
2 41 e. The reasonable costs incurred by a rate-
2 42 regulated public utility in preparing and filing the
2 43 plan, update, or budget and in participating in the
2 44 proceedings before the board and the reasonable costs
2 45 associated with implementing the plan, update, or
2 46 budget shall be included in its regulated retail
2 47 rates.
2 48 f. It is the intent of the general assembly that
2 49 the board, in an environmental plan, update, or
2 50 associated budget filed under this section by a rate-
3 1 regulated public utility, may limit investments or
3 2 expenditures that are proposed to be undertaken prior
3 3 to the time that the environmental benefit to be
3 4 produced by the investment or expenditure would be
3 5 required by state or federal law."
3 6 #5. By striking page 2, line 35, through page 3,
3 7 line 34.
3 8 #6. Page 4, by striking lines 1 and 2 and
3 9 inserting the following: "application pursuant to
3 10 section 476A.3 to construct in Iowa a baseload
3 11 electric power generating facility with a nameplate
3 12 generating capacity equal to or greater than three
3 13 hundred megawatts or a combined-cycle electric power
3 14 generating facility, or an alternate energy production
3 15 facility as defined in section 476.42, or if a rate-
3 16 regulated public utility leases or owns in Iowa, in
3 17 whole or in part, a new baseload electric power
3 18 generating facility with a nameplate generating
3 19 capacity equal to or greater than three hundred
3 20 megawatts or a combined-cycle electric power
3 21 generating facility, or a new alternate energy
3 22 production facility as defined in section 476.42 the
3 23 board shall specify in".
3 24 #7. Page 4, by inserting after line 8 the
3 25 following:
3 26 " . In determining the applicable ratemaking
3 27 principles, the board shall make the following
3 28 findings:
3 29 (1) The rate-regulated public utility has
3 30 demonstrated to the board that the proposed ratemaking
3 31 principles are necessary for the commitment of capital
3 32 to the new facility.
3 33 (2) The rate-regulated public utility has in
3 34 effect cost-effective load management and curtailment
3 35 programs designed to reduce peak loads.
3 36 (3) The rate-regulated public utility has in
3 37 effect a board-approved energy efficiency plan as
3 38 required under section 476.6, subsection 19.
3 39 (4) The rate-regulated public utility has
3 40 demonstrated to the board that the public utility has
3 41 considered other sources for long-term electric supply
3 42 and that the facility or lease is reasonable when
3 43 compared to other feasible alternative sources of
3 44 supply. The rate-regulated public utility may satisfy
3 45 the requirements of this subparagraph through a
3 46 competitive bidding process, under rules adopted by
3 47 the board, that demonstrate the facility or lease is a
3 48 reasonable alternative to meet its electric supply
3 49 needs."
3 50 #8. Page 4, line 15, by inserting after the word
4 1 "construction" the following: "or lease".
4 2 #9. Page 4, line 18, by inserting after the word
4 3 "construction" the following: "or lease".
4 4 #10. By renumbering, relettering, redesignating,
4 5 and correcting internal references as necessary.
4 6
4 7
4 8
4 9 COMMITTEE ON COMMERCE
4 10 JoANN JOHNSON, CHAIRPERSON
4 11 HF 577.743 79
4 12 jj/cls
Text: S03672 Text: S03674 Text: S03600 - S03699 Text: S Index Bills and Amendments: General Index Bill History: General Index
© 2001 Cornell College and League of Women Voters of Iowa
Comments about this site or page?
webmaster@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Tue May 8 03:35:38 CDT 2001
URL: /DOCS/GA/79GA/Legislation/S/03600/S03673/010507.html
jhf