2014 SB 283 Economic Development Utility Rates

CVNM Position:

Oppose

Priority:

CVNM Priority Vote

Year:

2014

Sponsors:

Stuart Ingle
Antonio Maestas

Topics:

Energy & Climate Change

Legislative Info:

SB 283 on nmlegis.gov »

Description

SB 283 (and its companion HB 296) would have shifted costs for economic development utility expansion (e.g. sprawl development or industry) to other ratepayers, effectively subsidizing the expansion at the expense of small business and lower-income ratepayers. SB 283 and HB 296 were almost identical to HB 183; there were only minor differences, with the addition of an emergency clause in both HB 296 and SB 283.

Outcome

SB 283 died on the Senate calendar. HB 296 passed the House (47-17) and was defeated in the Senate Judiciary Committee.