HB 1490 - Authorizes New Hamshire to Leave the Regional Greenhouse Gas Initiative - New Hampshire Key Vote
Stephen Shurtleff voted Nay (Conference Report Vote) on this Legislation.
Timeline
- Became Law Without Governor's Signature
- June 23, 2012
- House Conference Report Adopted
- June 6, 2012
- Senate Conference Report Adopted
- June 6, 2012
- House Nonconcurrence Vote Passed
- May 16, 2012
- Senate Bill Passed
- May 2, 2012
- House Bill Passed
- March 28, 2012
- Introduced
- Dec. 1, 2011
Related Issues
Stage Details
Title: Authorizes New Hamshire to Leave the Regional Greenhouse Gas Initiative
Title: Authorizes New Hamshire to Leave the Regional Greenhouse Gas Initiative
Vote Smart's Synopsis:
Vote to adopt a conference report that contingently repeals New Hampshire's participation in the Regional Greenhouse Gas Initiative.
Highlights:
- Authorizes New Hampshire to leave the Regional Greenhouse Gas Initiative (RGGI) and repeal the carbon dioxide cap if either of the following occurs, effective January 1, 2013 (Secs. 11, 17 & 18):
- If 2 New England states participating in the RGGI end their participation in the initiative; or
- If 1 New England state that has at least 10 percent of the total energy load of participating New England states ends its participation in the RGGI initiative.
- Repeals the Greenhouse Gas Emissions Reduction Fund, effective January 1, 2013 (Secs. 4 & 18).
- Establishes an Energy Efficiency Fund to replace the Greenhouse Gas Emissions Reduction Fund, effective January 1, 2013 (Secs. 4 & 18).
- Requires auction proceeds in excess of $1 for the sale of a carbon allowance to be allocated as follows, effective January 1, 2013 (Secs. 4 & 18):
- Rebated to all default service electric ratepayers on a per-kilowatt-hour basis; and
- Remaining funds to be additional sources of funding for energy efficiency programs that are funded by system benefits charges.
Title: Authorizes New Hamshire to Leave the Regional Greenhouse Gas Initiative
Vote Smart's Synopsis:
Vote to adopt a conference report that contingently repeals New Hampshire's participation in the Regional Greenhouse Gas Initiative.
Highlights:
- Authorizes New Hampshire to leave the Regional Greenhouse Gas Initiative (RGGI) and repeal the carbon dioxide cap if either of the following occurs, effective January 1, 2013 (Secs. 11, 17 & 18):
- If 2 New England states participating in the RGGI end their participation in the initiative; or
- If 1 New England state that has at least 10 percent of the total energy load of participating New England states ends its participation in the RGGI initiative.
- Repeals the Greenhouse Gas Emissions Reduction Fund, effective January 1, 2013 (Secs. 4 & 18).
- Establishes an Energy Efficiency Fund to replace the Greenhouse Gas Emissions Reduction Fund, effective January 1, 2013 (Secs. 4 & 18).
- Requires auction proceeds in excess of $1 for the sale of a carbon allowance to be allocated as follows, effective January 1, 2013 (Secs. 4 & 18):
- Rebated to all default service electric ratepayers on a per-kilowatt-hour basis; and
- Remaining funds to be additional sources of funding for energy efficiency programs that are funded by system benefits charges.
Title: Authorizes New Hampshire to Leave the Regional Greenhouse Gas Initiative