House Amendment 8566


PAG LIN




     1  1    Amend the amendment, H=8349, to Senate File 2386,
     1  2 as passed by the Senate, as follows:
     1  3 #1.  Page 3, by inserting after line 20 the
     1  4 following:
     1  5    <Sec.    .  NEW SECTION.  476A.16  MERCHANT POWER
     1  6 PLANTS == ALLOCATION OF REVENUE.
     1  7    1.  For the purposes of this section, "merchant
     1  8 power plant" means a power plant located in this state
     1  9 that burns coal or natural gas and is not owned or
     1 10 operated by a public utility, municipally owned
     1 11 utility, municipal power agency, or electric
     1 12 cooperative corporation or association and which is
     1 13 not subject to rate regulation pursuant to chapter
     1 14 476.
     1 15    2.  As a condition for issuance of a certificate by
     1 16 the board pursuant to this subchapter, the board shall
     1 17 require an owner or operator of a merchant power plant
     1 18 to allocate one=tenth of one percent of the gross
     1 19 revenue derived from power sold for use outside of
     1 20 this state for the support of the Iowa energy center
     1 21 established in section 266.39C, the university of Iowa
     1 22 center for global and regional environmental research
     1 23 established by the state board of regents, and the
     1 24 center for energy and environmental education at the
     1 25 university of northern Iowa.>
     1 26 #2.  By renumbering as necessary.
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     1 29                               
     1 30 BERRY of Black Hawk
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     1 33                               
     1 34 KRESSIG of Black Hawk
     1 35 SF 2386.704 82
     1 36 rn/rj/21291
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