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SB 1878: Economic Development

GENERAL BILL by Latvala

Economic Development; Citing this act as the "Babcock Sustainable Community Demonstration Project Act"; establishing the Sustainable Community Demonstration Project; requiring that the Department of Economic Opportunity certify projects that meet certain requirements; authorizing the Public Service Commission to approve all reasonable and prudent costs incurred by providers of certain renewable energy generating facilities; requiring that the commission consider certain factors when determining whether to approve the recovery of costs; requiring that a provider initiate proceedings with the commission by a specified date; providing requirements for the proceedings, etc.

Senate Committee References: Commerce and Tourism (CM) , Communications, Energy, and Public Utilities (CU) , Budget (BC)

Last Action: 03/09/2012 Died in Commerce and Tourism

Effective Date: upon becoming a law


Bill History

Date Chamber Action
01/09/2012 Senate • Filed
01/17/2012 Senate • Referred to Commerce and Tourism; Communications, Energy, and Public Utilities; Budget -SJ 245
• Introduced -SJ 245
03/09/2012 Senate • Died in Commerce and Tourism