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HB 163: UTILITY COMPANY FIRST RIGHT OF REFUSAL

An Act Relating To Utilities; Enacting A New Section Of The Public Utility Act To Provide For A Public Utility Or A Generation And Transmission Cooperative To Have First Right To Construct, Own And Maintain Certain Transmission Facilities In A Regional Transmission Plan.

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MOD HB 163
UTILITY COMPANY FIRST RIGHT OF REFUSAL

Legislative URL:
HB 163 on nmlegis.gov
Emergency Clause:
No
Germane:
N/A
Location:
- OTHER -
Action:
[5] HENRC/HBIC-HENRC [39] DNP-CS/w/o rec-HBIC [50] w/o rec [51] PASSED/H (58-9) [44] SJC API.
Issue(s):

Companion Bills

Bills:
UTILITY COMPANY FIRST RIGHT OF REFUSAL

Related Legislators

Bill Sponsor:

Related Documents

Downloads:
Introduced
HENRC Committee Report
HENRC Committee Substitute
HBIC Committee Report
Final House Vote
Fiscal Impact Report
Summary

Senate Bill 175 provides that a public utility or a generation and transmission cooperative has the right of first refusal “to construct, own and maintain” certain transmission facilities. The right of first refusal applies to electric transmission facilities that are eligible for cost allocation through an approved regional planning process or have been approved for construction by a regional transmission planning authority. The right of first refusal is available to the public utility or transmission cooperative with which the transmission facility will interconnect. If the transmission facility will interconnect with more than one public utility or transmission and generation cooperative, those entities will determine which among them will have the right of first refusal. If they are unable to come to agreement they will each build, construct and own their own facility and its equal share of the segment.

This bill is a companion bill to Senate Bill 175

Outcome: HB 163 passed the House (58-9) and died in the Senate Judiciary Committee.

Date of Summary:  1/23/13; Updated 5/16/13