Loading chat...
MO SB508
Bill
Status
2/25/2015
Primary Sponsor
Jason Holsman
Click for details
AI Summary
-
Creates the "Office of Administration Energy Conservation Fund" in the state treasury, funded by 15% of the total annual cost of saved energy from state operations
-
Fund is dedicated solely for energy conservation, energy efficiency, and cost-effective cogeneration purposes, with moneys not reverting to general revenue at the end of the biennium
-
Requires the Office of Administration to calculate energy savings by comparing electricity and gas costs against baseline year 2008, using cost per kilowatt hour for electricity and MMBtu for gas
-
No deposits required into the fund during years when no energy cost savings are achieved
-
Office of Administration must promulgate rules to implement the fund, with rules subject to General Assembly review under Chapter 536
Legislative Description
Creates the Office of Administration Energy Conservation Fund
Last Action
Second Read and Referred S Commerce, Consumer Protection, Energy and the Environment Committee
3/10/2015