Last Action | signed by Governor (Acts Ch. 159) |
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Title | AN ACT relating to natural gas acquisition and supply. |
Bill Documents |
Bill
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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 |
03/03/08 |
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03/04/08 |
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03/05/08 |
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03/06/08 |
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03/07/08 |
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03/10/08 |
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03/12/08 |
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03/14/08 |
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03/17/08 |
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03/25/08 |
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03/26/08 |
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03/27/08 |
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04/02/08 |
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04/14/08 |
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04/15/08 |
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04/24/08 |
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Amendment | House Floor Amendment 1 |
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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 |
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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)