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FL S1574

FL S1574
Energy Infrastructure Investment


summary

Introduced
02/27/2025
In Committee
04/29/2025
Crossed Over
04/24/2025
Passed
04/30/2025
Dead
Vetoed
06/27/2025

Introduced Session

2025 Regular Session

Bill Summary

An act relating to energy infrastructure investment; amending s. 366.075, F.S.; requiring the Public Service Commission to establish an experimental mechanism that meets certain requirements to facilitate certain energy infrastructure investments in gas; providing requirements for gas infrastructure investments; defining the term “gas”; requiring the commission to adopt rules and propose such rules for adoption by a specified date; providing requirements for such rules; providing an effective date.

AI Summary

This bill requires the Florida Public Service Commission (PSC) to establish an experimental mechanism to support energy infrastructure investments in specific types of gas, namely anaerobically generated biogas, landfill gas, and wastewater treatment gas that has been refined to at least 90% methane content. The mechanism is intended to facilitate investments in infrastructure that can collect, prepare, clean, process, transport, or inject this gas for use as a transportation fuel or for pipeline distribution. The PSC must develop and propose rules for this mechanism by January 1, 2026, which must include provisions for allocating benefits like tradeable energy credits and tax savings to public utility customers, as well as addressing how revenues from gas sales for transportation purposes will be treated. The bill draws inspiration from existing statutory structures related to energy infrastructure and is designed to promote the development and use of renewable gas sources. The proposed mechanism will take effect on July 1, 2025, providing a clear timeline for implementation.

Committee Categories

Budget and Finance

Sponsors (1)

Other Sponsors (2)

Fiscal Policy (Senate), Regulated Industries (Senate)

Last Action

Vetoed by Governor (on 06/27/2025)

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