KY HB438 | 2017 | Regular Session

Status

Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 16 2017 - 25% progression, died in committee
Action: 2017-02-21 - to Natural Resources & Energy (H)
Pending: House Natural Resources & Energy Committee
Text: Latest bill text (Draft #1) [PDF]

Summary

Create a new section of Subchapter 20 of KRS Chapter 224 to allocate ten percent of carbon dioxide emissions allocated to the Commonwealth of Kentucky under 42 U.S.C. sec. 7411 (the Clean Air Act) to certain counties; establish the criteria by which counties with a coal-fired electric generating unit that retires after 2010 and before 2026 shall receive a percentage of the emission allowances; require that 50 percent of the emission allowances allocated to the utilities in the Commonwealth be returned to their ratepayers if their allowances equal their emissions; require that if the utilities sell the allowances that all proceeds of the sale be returned to the ratepayers.

Tracking Information

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Title

AN ACT relating to electric generating units.

Sponsors


History

DateChamberAction
2017-02-21Houseto Natural Resources & Energy (H)
2017-02-16Houseintroduced in House

Kentucky State Sources


Bill Comments

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