summary
Introduced
01/18/2017
01/18/2017
In Committee
02/11/2017
02/11/2017
Crossed Over
01/25/2017
01/25/2017
Passed
02/13/2017
02/13/2017
Dead
Signed/Enacted/Adopted
02/13/2017
02/13/2017
Introduced Session
2017 Regular Session
Bill Summary
AN ACT RELATING TO TRADE PRACTICES; ENACTING THE CONSUMER PROTECTION FOR DISTRIBUTED GENERATION ACT; PROVIDING MINIMUM DISCLOSURES FOR THE LEASE OR SALE OF A DISTRIBUTED ENERGY GENERATION SYSTEM; PROVIDING FOR AN EXCEPTION; PROVIDING FOR PENALTIES AND REMEDIES FOR VIOLATIONS; PROVIDING FOR REGULATIONS AND FORM DISCLOSURE STATEMENTS; ENACTING A NEW SECTION OF THE REAL ESTATE DISCLOSURE ACT.
AI Summary
This bill enacts the Distributed Generation Disclosure Act, which requires minimum disclosures for the lease or sale of a distributed energy generation system. The bill defines key terms like "annual percentage rate," "distributed energy generation system," and "seller or marketer." It mandates disclosures on system details, pricing, fees, tax obligations, warranties, and interconnection requirements. The bill provides an exception for transactions involving the sale or transfer of real property with a distributed energy generation system. It also directs the Attorney General to issue form disclosure statements to comply with the Act.
Committee Categories
Agriculture and Natural Resources, Business and Industry, Justice, Transportation and Infrastructure
Sponsors (34)
Eliseo Alcon (D)*,
Cathrynn Brown (R)*,
Debbie Rodella (D)*,
Zachary Cook (R),
Randal Crowder (R),
Brian Egolf (D),
Candy Ezzell (R),
Kelly Fajardo (R),
David Gallegos (R),
Harry Garcia (D),
Miguel Garcia (D),
Stephanie Garcia Richard (D),
Bealquin Gomez (D),
Jason Harper (R),
Larry Larrañaga (R),
Tim Lewis (R),
Rick Little (R),
Georgene Louis (D),
Moe Maestas (D),
Bill McCamley (D),
Rod Montoya (R),
Bill Rehm (R),
Dennis Roch (R),
Patricio Ruiloba (D),
Nick Salazar (D),
Tomás Salazar (D),
Larry Scott (R),
James Smith (R),
James Strickler (R),
James Townsend (R),
Carl Trujillo (D),
Jim Trujillo (D),
Bob Wooley (R),
Monica Youngblood (R),
Last Action
[LD 28] Signed by the Governor - Chapter 102 (on 02/13/2017)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.nmlegis.gov/Legislation/Legislation?chamber=H&legtype=B&legno=199&year=17 |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/final/HB0199.pdf |
| BillText | http://www.nmlegis.gov/Sessions/17%20Regular/bills/house/HB0199.pdf |
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