S.F. 135 Section 1. UTILITIES BOARD STUDY —— DISCONTINUATION OF 1 COAL FOR ELECTRICITY PRODUCTION. The utilities board of 2 the utilities division of the department of commerce shall 3 conduct a study assessing the economic impact of discontinuing 4 the use of coal for electricity production in the state by 5 calendar year 2035. The study shall require the board to 6 conduct contested case proceedings of rate-regulated electric 7 utilities in the state that use coal to generate electricity 8 and shall assess the economic impact of the discontinuation by 9 assuming that future energy production needs are met through 10 renewable sources, compared to the continued use of coal and 11 other nonrenewable sources. The board shall submit a report 12 regarding the results of the study, including its findings and 13 recommendations, to the general assembly and the governor by 14 July 1, 2021. 15 EXPLANATION 16 The inclusion of this explanation does not constitute agreement with 17 the explanation’s substance by the members of the general assembly. 18 This bill requires the Iowa utilities board to conduct a 19 study assessing the economic impact of discontinuing coal use 20 for electricity production in Iowa by 2035. The board shall 21 conduct contested case proceedings of rate-regulated electric 22 utilities that use coal and shall assume that future production 23 needs are met through renewable sources, compared to coal and 24 other nonrenewable sources. The board shall submit a report, 25 including its findings and recommendations, to the general 26 assembly and the governor by July 1, 2021. 27 -1- LSB 1878XS (2) 88 gh/rn 1/ 1