SB 965 Places a surcharge on certain electricity generated from nuclear sources
Sponsor: Barnitz
LR Number: 5159S.01I Fiscal Note:
Committee: Commerce, Consumer Protection, Energy and the Environment
Last Action: 2/23/2010 - Second Read and Referred S Commerce, Consumer Protection, Energy and the Environment Committee Journal Page: S397
Title: Calendar Position:
Effective Date: August 28, 2010

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Current Bill Summary

SB 965 - The act requires any electric company that generates electricity from a nuclear power plant to pay a surcharge to the state of 1/10th of 1 cent per kilowatt-hour for any electricity sold outside of its service area. The revenue generated from the surcharge is designated for school districts located within a 10-mile radius of the nuclear power plant, with the funding amount based on the percentage of land each district has within the area. The funding must be used by the school districts for nuclear emergency preparedness, planning and hazard mitigation.