Key Votes
SB 558 - Montana Electric and Gas Authority Act - Key Vote
Montana Key Votes
Stages
Family
Issues
Stage Details
Legislation - Bill Failed (Senate) (25-25) - April 3, 2007 (Key vote)
Title: Montana Electric and Gas Authority Act
Vote Smart's Synopsis:
Vote to pass a bill to create the Montana Electric and Gas Authority.
Highlights:
-Authorizes the authority to engage in activities necessary to maintaining an adequate and efficient supply of natural gas and electricity, including acquiring ownership of fuel supplies and facilities located within or outside of the state [sec.6(1)].
-Authorizes the authority to issue negotiable bonds [sec.8].
-Allows the legislature to make appropriations to the authority for the acquisition of the stock or assets of a public utility, which are to be treated as an advance to the authority and repaid as mutually agreed [sec.22].
-Sets tax classes for property owned by the authority [sec.23-25].
-Establishes that any electric transmission lines and facilities owned by the authority with a capacity of less than 500 kilovolts are not subject to taxation [sec.27(1)(b)].
Legislation - Introduced (Senate) - March 16, 2007
Title: Montana Electric and Gas Authority Act
Sponsors
- Greg H. Lind (MT - D) (Out Of Office)
