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Appropriations panel ties extra $40M pipeline guarantee to Dec. 31, 2026 deadline, zeros Clean Sustainable Energy funding for biennium
Summary
The Appropriations - Education and Environment Division approved changes to draft bill version 2,009 that tie an expanded pipeline guarantee to a Dec. 31, 2026 commitment deadline and remove biennial funding for the Clean Sustainable Energy Authority.
The Appropriations - Education and Environment Division approved changes to draft bill version 2,009 that tie an expanded pipeline guarantee to a firm deadline and remove biennial funding for the Clean Sustainable Energy Authority, the committee chair said before a unanimous roll-call vote.
The committee adopted an amendment requiring an entity to come forward by Dec. 31, 2026 to build a pipeline; if no entity has committed by that date, the bill language will revert the additional guarantee and leave the previously established $60,000,000 figure in place, the sponsor said. "If an entity hasn't come forward to build a pipeline by that date, or, then that, that we would revert back to the other dollar amount then," Representative Bosch said when moving the amendment.
Why it matters: the language changes are intended to make the $40,000,000 increase — which would raise the guaranteed line of credit from $60,000,000 to $100,000,000 — contingent on demonstrated…
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