SB 508 Creates the Office of Administration Energy Conservation Fund
Sponsor: Holsman Co-Sponsor(s)
LR Number: 2359S.01I Fiscal Notes
Committee: Commerce, Consumer Protection, Energy and the Environment
Last Action: 3/10/2015 - Second Read and Referred S Commerce, Consumer Protection, Energy and the Environment Committee Journal Page: S531
Title: Calendar Position:
Effective Date: August 28, 2015

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Current Bill Summary


SB 508 - This act creates the Office of Administration Energy Conservation Fund consisting of 15% of the annual cost of saved energy calculated as set forth in this act. If there is no total cost of saved energy during a year, there shall be no requirement to deposit moneys into the fund. The fund shall be used solely for energy conservation, energy efficiency, and cost-effective cogeneration purposes.

This act is identical to HB 203 (2015).

KAYLA CRIDER