Summary of the House Committee Version of the Bill

SB 451 -- ENERGY SET-ASIDE PROGRAM FUND

SPONSOR:  Goode (Mays, 50)

COMMITTEE ACTION:  Voted "do pass by consent" by the Committee
on Utilities Regulation by a vote of 23 to 0.

This bill revises the Energy Set-aside Program Fund to allow the
Department of Natural Resources, after appropriation, to use
fees or interest earned on the fund for the administration of
its energy responsibilities and activities.  Current law limits
the use of fees or interest to the administration of certain
loan programs.

FISCAL NOTE:  No impact on state funds.

PROPONENTS:  Supporters say that the internal funding for
important services provided by the Division of Energy would run
short and that the bill helps the division pay for its services
from the interest on the fund.  The division has been
streamlined, and the interest would pay for such services as
energy efficiency services for state buildings.

Testifying for the bill were Senator Goode; and Division of
Energy of the Department of Natural Resources.

OPPONENTS:  There was no opposition voiced to the committee.

Donna Schlosser, Legislative Analyst


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Last Updated November 26, 2001 at 11:47 am