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Bill > SB0880
MI SB0880
MI SB0880Human services: services or financial assistance; Michigan energy assistance act; modify. Amends sec. 9t of 1939 PA 3 (MCL 460.9t). TIE BAR WITH: SB 0881'24
summary
Introduced
05/22/2024
05/22/2024
In Committee
11/13/2024
11/13/2024
Crossed Over
06/26/2024
06/26/2024
Passed
12/11/2024
12/11/2024
Dead
Signed/Enacted/Adopted
12/19/2024
12/19/2024
Introduced Session
102nd Legislature
Bill Summary
AN ACT to amend 1939 PA 3, entitled ?An act to provide for the regulation and control of public and certain private utilities and other services affected with a public interest within this state; to provide for alternative energy suppliers and certain providers of electric vehicle charging services; to provide for licensing; to include municipally owned utilities and other providers of energy under certain provisions of this act; to create a public service commission and to prescribe and define its powers and duties; to abolish the Michigan public utilities commission and to confer the powers and duties vested by law on the public service commission; to provide for the powers and duties of certain state governmental officers and entities; to provide for the continuance, transfer, and completion of certain matters and proceedings; to abolish automatic adjustment clauses; to prohibit certain rate increases without notice and hearing; to qualify residential energy conservation programs permitted under state law for certain federal exemption; to create a fund; to encourage the utilization of resource recovery facilities; to prohibit certain acts and practices of providers of energy; to allow for the securitization of stranded costs; to reduce rates; to provide for appeals; to provide appropriations; to declare the effect and purpose of this act; to prescribe remedies and penalties; and to repeal acts and parts of acts,? by amending section 9t (MCL 460.9t), as added by 2013 PA 95.
AI Summary
This bill modifies the Michigan Energy Assistance Act to create a low-income energy assistance fund in the state treasury. The fund will be used to provide financial assistance to eligible low-income customers for their electric and home heating needs, and the bill sets guidelines for how the funds must be distributed and reported. The bill also allows the Public Service Commission to annually approve a low-income energy assistance funding factor, which is a surcharge on customer bills, to fund the program, with a gradual increase in the cap on this surcharge over time. Electric utilities with fewer than 45,000 residential customers can opt out of the funding factor and instead establish their own energy assistance programs for their customers.
Committee Categories
Agriculture and Natural Resources, Transportation and Infrastructure
Sponsors (1)
Last Action
Assigned Pa 0169'24 (on 12/19/2024)
Official Document
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