This amendment allows for private contributions to the Delaware Energy Fund.

Plain English Breakdown

The bill summary and text do not provide specific details on what assistance is available for eligible utility customers.

Allowing Private Contributions to Delaware Energy Fund

This law allows private companies and individuals to donate money to the Delaware Energy Fund, with utilities able to restrict their contributions for use by eligible utility customers.

What This Bill Does

• Allows private companies and individuals to donate money to the Delaware Energy Fund.
• Permits utilities to contribute to the fund in a way that is restricted solely for the benefit of their customers who qualify under this Act.

Who It Names or Affects

• Private companies and individuals who want to donate money to the Delaware Energy Fund.
• Utilities in Delaware that choose to contribute to the fund for their eligible customers' benefit.

Terms To Know

Delaware Energy Fund

A fund managed by the state of Delaware to support energy-related programs and services.

Utility

A company that provides electricity, gas, water, or other essential services to customers.

Limits and Unknowns

• The bill does not specify how much money can be donated by private companies or individuals.
• It is unclear what specific assistance the fund will provide for eligible utility customers.

Official Summary Text

This amendment allows for private contributions to the Delaware Energy Fund. Under this amendment a utility may make a contribution to the fund to be restricted solely for the use of that utility’s customers who qualify under this Act.

Current Bill Text

Legislation Document

SPONSOR:

Rep. Heffernan

HOUSE OF REPRESENTATIVES

153rd GENERAL ASSEMBLY

HOUSE AMENDMENT NO. 2

TO

HOUSE SUBSTITUTE NO. 1

FOR

HOUSE BILL NO. 50

AMEND House Substitute No. 1 for House Bill No. 50, as amended by House Amendment No. 1 and Senate Amendment No. 1, by inserting the following after line 58 and before line 59:

“

(g) A corporation or other person may contribute to the Delaware Energy Fund or contribute to the SEU directly in furtherance of the purposes of this section. A contribution from a corporation or other non-governmental source may be restricted under an agreement with the contributor. In the case of a utility that makes a contribution to the Delaware Energy Fund, the use of those funds will be limited for the benefit of customers of the contributing utility who are eligible for assistance under this section.

”.

SYNOPSIS

This amendment allows for private contributions to the Delaware Energy Fund. Under this amendment a utility may make a contribution to the fund to be restricted solely for the use of that utility’s customers who qualify under this Act.