Loading chat...

MN HF2932

Bill

Official Source

Status

Introduced

3/10/2016

Primary Sponsor

Cindy Pugh

Click for details

Origin

House of Representatives

89th Legislature 2015-2016

AI Summary

  • Amends Minnesota Statutes 2014, section 383B.1588, subdivision 3, regarding Hennepin County energy forward pricing transactions.

  • Increases the maximum holding period and expiration date for forward pricing mechanisms from 24 months to 60 months from the trade date of the transaction.

  • Maintains existing conditions that forward pricing amounts cannot exceed estimated energy usage for Hennepin County operations for the covered period.

  • Requires separate accounts to be established for each operational energy type using forward pricing mechanisms.

Legislative Description

Hennepin County; energy forward pricing holding period and expiration date modified.

Last Action

HF indefinitely postponed

5/11/2016

Committee Referrals

Government Operations and Elections Policy3/10/2016

Full Bill Text

No bill text available