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GA HR1862
Resolution
Status
Introduced
3/22/2016
Primary Sponsor
Karla Drenner
Click for details
AI Summary
- Creates the House Study Committee on Georgia Nuclear Energy Financing, composed of five House members appointed by the Speaker, to examine cost overruns and construction delays at Plant Vogtle Units 3 and 4
- Construction of the two new nuclear units is at least 39 months behind the originally certified completion dates of March 2016 and March 2017, potentially costing Georgia Power customers $1.4 billion more than expected in pre-collected financing costs
- The 2009 Georgia Nuclear Energy Financing Act (SB 31) authorized Georgia Power to recover financing costs from customers through a separate tariff during construction; the committee will determine whether action is needed to prevent ongoing tariff assessments tied to construction delays
- Committee members may receive per diem allowances for up to five days, funded from House of Representatives appropriations
- The committee must file any report with the Clerk of the House by its abolishment date of December 1, 2016
Legislative Description
House Study Committee on Georgia Nuclear Energy Financing; create
Last Action
House First Readers
3/24/2016
Full Bill Text
No bill text available