Bill Text: AZ HB2232 | 2022 | Fifty-fifth Legislature 2nd Regular | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Nonprofit generation and transmission cooperatives

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2022-03-30 - Chapter 96 [HB2232 Detail]

Download: Arizona-2022-HB2232-Introduced.html

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REFERENCE TITLE: nonprofit generation and transmission cooperatives

 

 

 

 

State of Arizona

House of Representatives

Fifty-fifth Legislature

Second Regular Session

2022

 

 

 

HB 2232

 

Introduced by

Representative Griffin

 

 

AN ACT

 

amending title 10, chapter 19, article 4, Arizona Revised Statutes, by adding section 10-2152; relating to nonprofit electric generation and transmission cooperative corporations.

 

 

(TEXT OF BILL BEGINS ON NEXT PAGE)

 

Be it enacted by the Legislature of the State of Arizona:

Section 1. Title 10, chapter 19, article 4, Arizona Revised Statutes, is amended by adding section 10-2152, to read:

START_STATUTE10-2152. Annual assessments; gross intrastate revenue exception

TITLE 40, CHAPTER 2, ARTICLE 8 APPLies TO A GENERATION AND TRANSMISSION COOPERATIVE that is regulated by the corporation commission but does not apply to tHE COOPERATIVE'S GROSS INTRASTATE REVENUES that ARE DERIVED FROM SALES OF ELECTRICITY TO ANother ELECTRIC UTILITY that is both:

1. REGULATED BY THE corporation COMMISSION.

2. SUBJECT TO THE corporation COMMISSION'S ANNUAL ASSESSMENT. END_STATUTE