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SB 213: UTILITY INFRASTRUCTURE EXPANSION ACT

An Act Relating To Public Utilities; Enacting The Utility Infrastructure Expansion Act; Requiring The Public Regulation Commission To Adopt Rules To Provide For A Natural Gas Public Utility To Expand Its Infrastructure; Providing For Recovery Of Costs Associated With The Utility's Infrastructure Expansion; Declaring An Emergency.

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MILD SB 213
UTILITY INFRASTRUCTURE EXPANSION ACT

Legislative URL:
SB 213 on nmlegis.gov
Emergency Clause:
Yes
Germane:
Yes
Location:
SCONC
Action:
[4] SCC/SCONC/SCORC-SCC [6]germane-SCONC API.
Issue(s):

Companion Bills

Bills:
UTILITY INFRASTRUCTURE EXPANSION ACT

Related Legislators

Bill Sponsor:

Related Documents

Downloads:
Introduced
SCC Committee Report
Fiscal Impact Report

Related Events

Upcoming:
Summary

This bill, with the emergency clause, enacts the Utility Infrastructure Expansion Act. It requires that the PRC adopt rules to provide for a natural gas public utility to expand its infrastructure for the delivery or supply of natural gas. And it provides for recovery by a natural gas public utility of costs associated with the utility’s infrastructure expansion.

 

A possible benefit of this bill might be greater statewide supply and availability of natural gas. A potential concern might be increased costs to consumers of natural gas.