Text: SSB01115 Text: SSB01117 Text: SSB01100 - SSB01199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
PAG LIN
1 1 Section 1. NEW SECTION. 390.8 ADDITIONAL MUNICIPAL
1 2 POWERS.
1 3 In addition to the powers conferred upon a city elsewhere
1 4 in this chapter, a city may contract with, enter into an
1 5 agreement with, or acquire an equity interest in a business
1 6 corporation, limited liability company, or similar business
1 7 entity for any of the following purposes:
1 8 1. Participating with a private power company, electric
1 9 cooperative, or other independent entity functioning as a
1 10 regional transmission organization, independent system
1 11 operator, independent transmission company, or independent
1 12 transmission operator in a manner approved by the federal
1 13 energy regulatory commission under one or more provisions of
1 14 the Federal Power Act or comparable provisions of the laws of
1 15 this or any other state.
1 16 2. Implementing the offering of nondiscriminatory, open-
1 17 access tariffs for the use of electric transmission or
1 18 distribution facilities in response to or in anticipation of
1 19 rules or orders by the United States under the Federal Power
1 20 Act or comparable provisions of the laws of this or any other
1 21 state.
1 22 EXPLANATION
1 23 This bill adds a new section to Code chapter 390, relating
1 24 to joint electrical utilities. New Code section 390.8
1 25 provides that a city may enter into contracts or agreements
1 26 with, or acquire equity interests in a business entity, for
1 27 the purpose of participating in a regional or independent
1 28 transmission organization approved by the federal energy
1 29 regulatory commission, or for implementing the offering of
1 30 open-access tariffs for transmission of distribution
1 31 facilities.
1 32 LSB 2593SC 80
1 33 jj/cf/24
Text: SSB01115 Text: SSB01117 Text: SSB01100 - SSB01199 Text: SSB Index Bills and Amendments: General Index Bill History: General Index
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