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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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):
- Energy
Companion Bills
Related Legislators
- Bill Sponsor:
- Richard Martinez
Related Documents
- Downloads:
-
Introduced
SCC Committee Report
Fiscal Impact Report
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.