SB 21-264 CO
Adopt Programs Reduce Greenhouse Gas Emissions Utilities
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Summary
Section 1 of the act defines a "gas distribution utility" (GDU) as a gas public utility with more than 90,000 retail customers. The bill requires each GDU to file a clean heat plan (plan) with the public utilities commission (PUC). A plan must demonstrate how the GDU will use clean heat resources to meet clean heat targets (targets) established by the act. The targets are a 4% reduction below 2015 greenhouse gas (GHG) emission levels by 2025 and 22% below 2015 GHG emission levels by 2030.The PUC will initiate a rule-making proceeding by October 1, 2021, to update demand-side management rules. The PUC will establish a cost cap for each GDU's compliance with its plan. The cost cap is 2.5% of annual gas bills for all of a GDU's full-service customers. The PUC is directed to approve a plan if the PUC finds that doing so is in the public interest.A municipal GDU must file a plan with the air quality control commission (AQCC) that demonstrates a 4% GHG emission reduction by 2025 and a 22% GHG emission reduction by 2030, both as compared with 2015 levels. Small GDUs may file a plan, which is subject to the cost cap and must contain its own targets.Section 2 requires the AQCC to initiate a rule-making proceeding by September 1, 2022, to establish protocols for recovered methane that utilities must use in forecasting their emission reductions.Section 3 directs the oil and gas conservation commission (commission) to conduct a study to evaluate the resources that would be needed to ensure the safe and effective regulation of injection wells used for sequestration of GHG.Section 4 makes the following appropriations:$92,482 and 1.0 FTE is appropriated from the public utilities commission fixed utility fund to the department of regulatory agencies for use by the PUC; $199,111 and 1.6 FTE is appropriated from the general fund to the department of public health and environment; From reappropriated funds received from the department of public health and environment, $37,000 is appropriated to the office of the governor for use by the office of information technology and $21,268 and 0.1 FTE is appropriated to the department of law; and $49,362 and 0.5 FTE is appropriated from the oil and gas conservation and environmental response fund to the department of natural resources for use by the commission.(Note: This summary applies to this bill as enacted.)
Sponsors (3)
- Chris Hansen · primary
- Alex Valdez Democratic · primary
- Tracey Bernett · primary
Action history (15)
- Jun 24, 2021 Governor Signed · executive
- Jun 15, 2021 Sent to the Governor · executive
- Jun 15, 2021 Signed by the Speaker of the House · lower
- Jun 15, 2021 Signed by the President of the Senate · upper
- Jun 8, 2021 Senate Considered House Amendments - Result was to Concur - Repass · upper
- Jun 8, 2021 House Third Reading Passed - No Amendments · lower
- Jun 7, 2021 House Second Reading Special Order - Passed with Amendments - Committee, Floor · lower
- Jun 7, 2021 House Committee on Appropriations Refer Amended to House Committee of the Whole · lower
- Jun 7, 2021 House Committee on Energy & Environment Refer Amended to Appropriations · lower
- Jun 4, 2021 Introduced In House - Assigned to Energy & Environment · lower
- Jun 3, 2021 Senate Third Reading Passed with Amendments - Floor · upper
- Jun 2, 2021 Senate Second Reading Special Order - Passed with Amendments - Committee, Floor · upper
- Jun 1, 2021 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole · upper
- May 26, 2021 Senate Committee on Transportation & Energy Refer Amended to Appropriations · upper
- May 5, 2021 Introduced In Senate - Assigned to Transportation & Energy · upper
Text versions (10)
The published texts of this bill as it moves through the legislature. Each links to the official document on the state legislature site. Data from OpenStates.
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