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House Bill 690

Actions | Amendments

Last Action	signed by Governor (Acts Ch. 159)
Title	AN ACT relating to natural gas acquisition and supply.
Bill Documents	Bill
Bill Request Number	1851
Sponsor	R. Rand
Summary of Original Version	Create new sections of KRS 353 to provide for the creation of Gas Acquisition Authorities for acquiring and financing reliable and economical supplies of natural gas for the use and benefit of municipal utilities; provide that a Gas Acquisition Authority is created by interlocal cooperation agreement between two or more municipal gas systems following the procedures and requirements of the Interlocal Cooperation Act, including approval of the Interlocal Cooperation Agreement by the Department for Local Government; provide that a: Gas Acquisition Authority is a political subdivision of the state; is subject to the Commonwealth's open public meeting and public records laws; has all powers necessary to acquire, own, and manage reliable and economic supplies of gas; may enter into all contracts necessary or related to accomplishment of its purposes; may issue bonds to finance the cost of acquiring gas supplies and may pledge revenues to secure the bonds; may enter into contracts for the sale of its gas supplies to municipal utilities and other public agencies that agree to pay for gas only out of their utility revenues; and is not authorized to sell gas to retail customers served by an investor or consumer-owned utility.
Index Headings of Original Version	Commerce - Natural Gas Acquisition Authority, authorize creation and powers thereof Energy - Natural Gas Acquisition Authority, authorize creation and powers thereof Fuel - Natural Gas Acquisition Authority, authorize creation and powers thereof Interlocal Cooperation - Natural Gas Acquisition Authority, authorize creation and powers thereof Oil and Natural Gas - Natural Gas Acquisition Authority, authorize creation and powers thereof Public Authorities - Natural Gas Acquisition Authority, authorize creation and powers thereof
Proposed Amendments	House Floor Amendment 1 House Floor Amendment 2
Votes	Vote History

Actions

Top | Amendments

03/03/08	introduced in House
03/04/08	to Natural Resources & Environment (H)
03/05/08	posting waived
03/06/08	reported favorably, 1st reading, to Calendar
03/07/08	2nd reading, to Rules
03/10/08	posted for passage in the Regular Orders of the Day for Tuesday, March 11, 2008 floor amendment (1) filed
03/12/08	floor amendment (2) filed
03/14/08	3rd reading, passed 93-0 with floor amendment (2)
03/17/08	received in Senate
03/25/08	taken from Committee on Committees (S) 1st reading returned to Committee on Committees (S)
03/26/08	to Agriculture & Natural Resources (S)
03/27/08	reported favorably, 2nd reading, to Rules as a Consent Bill
04/02/08	posted for passage in the Consent Orders of the Day for April 2, 2008 3rd reading, passed 38-0 received in House
04/14/08	enrolled, signed by Speaker of the House
04/15/08	enrolled, signed by President of the Senate delivered to Governor
04/24/08	signed by Governor (Acts Ch. 159)

Proposed Amendments

Top | Actions

Amendment	House Floor Amendment 1
Sponsor	R. Rand
Summary	Retain original provisions, except delete "municipalities" and insert "municipal utilities" in lieu thereof on page 2, line 23; delete "public agencies" and insert "municipal utilities" in lieu thereof on page 5, lines 17-17; delete "remarking" and insert "remarketing" in lieu thereof on page 7, line 10.
Index Headings	Commerce - Natural Gas Acquisition Authority, authorize creation and powers thereof Energy - Natural Gas Acquisition Authority, authorize creation and powers thereof Fuel - Natural Gas Acquisition Authority, authorize creation and powers thereof Interlocal Cooperation - Natural Gas Acquisition Authority, authorize creation and powers thereof Oil and Natural Gas - Natural Gas Acquisition Authority, authorize creation and powers thereof Public Authorities - Natural Gas Acquisition Authority, authorize creation and powers thereof

Amendment	House Floor Amendment 2
Sponsor	R. Rand
Summary	Retain original provisions, except delete "municipalities" and insert "municipal utilities" in lieu thereof on page 2, line 23; delete "public agencies" and insert "municipal utilities" in lieu thereof on page 5, lines 17-18; delete "remarking" and insert "remarketing" in lieu thereof on page 7, line 10; delete "public agency" and insert "municipal utility" in lieu thereof on page 8, line 14.
Index Headings	Commerce - Natural Gas Acquisition Authority, authorize creation and powers thereof Energy - Natural Gas Acquisition Authority, authorize creation and powers thereof Fuel - Natural Gas Acquisition Authority, authorize creation and powers thereof Interlocal Cooperation - Natural Gas Acquisition Authority, authorize creation and powers thereof Oil and Natural Gas - Natural Gas Acquisition Authority, authorize creation and powers thereof Public Authorities - Natural Gas Acquisition Authority, authorize creation and powers thereof

Last updated: 8/28/2019 8:09 AM (EDT)