GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1995

H	2 

HOUSE BILL 684*
Committee Substitute Favorable 5/9/95

Short Title:  Pipeline Generation Exemption Study.	(Public)

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Sponsors:

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Referred to:  

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March 30, 1995

A BILL TO BE ENTITLED
AN ACT TO DIRECT THE JOINT LEGISLATIVE UTILITY REVIEW COMMITTEE TO STUDY WHETHER THE EXTENSION OF AN INTERSTATE NATURAL GAS PIPELINE SHOULD BE ENCOURAGED BY EXEMPTING GENERATION FACILITIES SERVED BY THAT PIPELINE FROM REGULATION AS PUBLIC UTILITIES.
The General Assembly of North Carolina enacts:
Section 1.  The Joint Legislative Utility Review Committee is directed to study the question of whether or not the extension of an interstate natural gas pipeline into southeastern North Carolina can and should be encouraged by amending Chapter 62 of the General Statutes to provide that facilities selling electric power and thermal energy generated with natural gas from that pipeline should be exempted from regulation as public utilities.  The Committee shall also study whether any other provisions of Chapter 62 of the General Statutes should be amended to encourage the construction of a new interstate pipeline in southeastern North Carolina.
Sec. 2.  The Joint Legislative Utility Review Committee shall report its findings and any recommendations for legislation to the 1996 Regular Session of the General Assembly.
Sec. 3.  This act is effective upon ratification.