CHAPTER 240
HB 630-FN – FINAL VERSION
20Mar2013… 0712h
05/23/13 1522s
2013 SESSION
09/01
HOUSE BILL 630-FN
AN ACT relative to the use of proceeds from the regional greenhouse gas initiative program.
SPONSORS: Rep. Barry, Hills 21
COMMITTEE: Science, Technology and Energy
This bill requires the public utilities commission to allocate certain proceeds from the energy efficiency fund to the low-income core energy efficiency program.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
20Mar2013… 0712h
05/23/13 1522s
13-0230
09/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Thirteen
AN ACT relative to the use of proceeds from the regional greenhouse gas initiative program.
Be it Enacted by the Senate and House of Representatives in General Court convened:
240:1 Use of Auction Proceeds. Amend RSA 125-O:23, III to read as follows:
III. All remaining proceeds received by the state from the sale of allowances shall be allocated by the commission as an additional source of funding to electric distribution companies for core energy efficiency programs that are funded by SBC funds. In allocating the proceeds, the commission shall first allocate at least 15 percent of the amount of the proceeds to the low-income core energy efficiency program.
240:2 Effective Date. This act shall take effect January 1, 2014.
Approved: July 16, 2013
Effective Date: January 1, 2014