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SF0090 • 2020

Carbon technology electric utility agreements.

AN ACT relating to public utilities; establishing requirements for agreements between electric utilities and entities engaged in carbon technology projects; specifying applicability; and providing for an effective date.

Technology
Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor
Senator Wasserburger
Last action
2020-03-10
Official status
inactive
Effective date
3/1/2020

Plain English Breakdown

The bill did not pass and is no longer active. The official source material does not provide specific details on what happened after it was introduced in the House, but it is clear that it did not become law.

Rules for Electric Utility Agreements on Carbon Projects

This act sets rules for electric utilities in Wyoming to make agreements with companies working on carbon technology projects, ensuring benefits for customers without extra costs.

What This Bill Does

  • Creates a new law that allows electric utilities to work with companies doing carbon technology projects.
  • Requires these agreements not to force utility customers to pay for the projects' costs or investments.
  • Ensures any agreement must be approved by a commission before it can go ahead.

Who It Names or Affects

  • Electric utilities in Wyoming
  • Companies working on carbon technology projects

Terms To Know

carbon technology project
A project that mainly deals with capturing, storing, sequestration or utilizing carbon dioxide.

Limits and Unknowns

  • The bill did not pass and is no longer active.
  • It only applies to agreements made after the effective date of the act, which was set for March 1, 2020.

Bill History

  1. 2020-03-10 House

    H COW:H Did not consider for COW

  2. 2020-03-04 House

    H Placed on General File

  3. 2020-03-04 House

    H03 - Revenue:Recommend Do Pass 8-0-1-0-0

  4. 2020-02-27 House

    H Introduced and Referred to H03 - Revenue

  5. 2020-02-26 House

    H Received for Introduction

  6. 2020-02-26 Senate

    S 3rd Reading:Passed 30-0-0-0-0

  7. 2020-02-25 Senate

    S 2nd Reading:Passed

  8. 2020-02-24 Senate

    S COW:Passed

  9. 2020-02-20 Senate

    S Placed on General File

  10. 2020-02-20 Senate

    S03 - Revenue:Recommend Do Pass 4-0-1-0-0

  11. 2020-02-12 Senate

    S Introduced and Referred to S03 - Revenue 29-0-1-0-0

  12. 2020-02-10 Senate

    S Received for Introduction

  13. 2020-02-07 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
20LSO-0320
2020
STATE OF WYOMING
20LSO-0320
Numbered
2.0

SENATE FILE NO. SF0090

Carbon technology electric utility agreements.

Sponsored by: Senator(s) Wasserburger

A BILL

for

AN ACT relating to public utilities; establishing requirements for agreements between electric utilities and entities engaged in carbon technology projects; specifying applicability; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 37
‑
3
‑
118 is created to read:

37
‑
3
‑
118.

Electric utility agreements for carbon technology projects.

(a)

As used in this section, "carbon technology project" means any project that principally involves the capture, storage, sequestration or utilization of carbon dioxide.

(b
)

An electric utility may enter into an agreement with a person or entity engaged in carbon technology projects provided that the terms and conditions of the agreement:

(i)

Shall not result in obligating customers for any utility investments or any direct, indirect or reasonably assigned costs related to the utility's agreement with the person or entity engaged in carbon technology projects. For purposes of this paragraph, investments and costs include known or reasonably ascertainable expenses for power supply, electric transmission and distribution and administrative, general, financial and other costs related to the agreement;

(ii)

Provide benefits to customers without imposing additional current or future costs;

(iii)

Are approved by the commission.

(c)

An electric utility shall retain for its owners any profits or losses that result from entering into an agreement under this section.

Section 2.

This act shall apply to all agreements entered into on or after the effective date of this act between electric utilities and persons and entities engaged in carbon technology projects in accordance with the provisions of this act.

Section 3
.

This act is effective
immediately upon completion of all acts necessary for a bill to become law as provided by Article 4, Section 8 of the Wyoming Constitution.

(END)

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SF0090