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HB767

08RS

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HB 767/FN (BR 2102) - R. Adkins, K. Hall, H. Moberly Jr., D. Pasley, T. Pullin, J. Vincent, R. Webb, B. Yonts

     AN ACT relating to incentives for carbon capture and sequestration.
     Create a new section of Subchapter 27 of KRS Chapter 154 to establish state economic development incentives for the construction of a new integrated gasification combined cycle electric generation plant with carbon capture and storage, or the retrofit of an existing coal-fired electric generation plant to add carbon capture and storage capability, if funding for the project is provided by the United States Department of Energy under the FutureGen initiative.

HB 767 - AMENDMENTS


     HCS/FN - Allow any utility operating in Kentucky to be in the partnership; require the partners to report to the Public Service Commission; authorize KEDFA to use bond funds approved as part of 2007 SS2 HB1 for a project approved under this Act.

     HFA (1, R. Adkins) - Include city-owned utilities among the utilities that can work together to propose a pilot project for FutureGen that will qualify for state incentives.

     Mar 4-introduced in House
     Mar 5-to Appropriations & Revenue (H)
     Mar 6-posted in committee
     Mar 11-reported favorably, 1st reading, to Calendar with Committee Substitute
     Mar 12-2nd reading, to Rules; floor amendment (1) filed to Committee Substitute ; posted for passage in the Regular Orders of the Day for Thursday, March 13, 2008
     Mar 13-3rd reading, passed 95-0 with Committee Substitute, floor amendment (1)
     Mar 14-received in Senate
     Mar 18-to Economic Development, Tourism & Labor (S)
     Mar 27-taken from committee Economic Development, Tourism & Labor (S); 1st reading; returned to Economic Development, Tourism & Labor (S)
     Mar 28-taken from committee Economic Development, Tourism & Labor (S); 2nd reading; returned to Economic Development, Tourism & Labor (S)
     Apr 14-reassigned to Appropriations & Revenue (S)


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