Bill

Bill > HB5


NM HB5

NM HB5
Electric Facility Authority Board Members


summary

Introduced
01/19/2021
In Committee
03/13/2021
Crossed Over
02/11/2021
Passed
Dead
03/20/2021

Introduced Session

2021 Regular Session

Bill Summary

AN ACT RELATING TO ELECTRIC GENERATING FACILITY ECONOMIC DISTRICTS; PROVIDING FOR THE APPOINTMENT OF ADDITIONAL AUTHORITY MEMBERS.

AI Summary

This bill amends the Electric Generating Facility Economic District Act by increasing the number of members on the Electric Facility Authority Board from five to eight. It provides that the governor will appoint three of the eight members, and the governing body of the county will appoint the other five members. The bill also adds two non-voting members to the board, to be appointed by non-investor-owned electric utilities or coal-fueled electric generating facilities that have been or are in the process of being retired. Additionally, the bill extends the deadline for additional counties to become part of the authority from December 31, 2020 to June 30, 2021.

Committee Categories

Budget and Finance, Business and Industry, Government Affairs, Justice

Sponsors (3)

Last Action

Senate Tax, Business and Transportation Committee (00:00 3/4/2021 Room zoom) (on 03/04/2021)

bill text


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