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Representative urges RGGI‑funded reimbursements for towns losing tax revenue when power plants close
Summary
Representative Thurber asked the committee to back a bill that would require the Regional Greenhouse Gas Initiative (RGGI) to fund reimbursements to cities and towns that lose significant tax revenue after power‑plant decommissioning, saying current RGGI assistance is short‑term and insufficient.
Representative Thurber told the Joint Committee that towns and cities losing major tax revenue when fossil‑fuel power plants close need longer‑term state support funded through RGGI auction proceeds.
In testimony supporting House 3574, Thurber said communities that hosted large fossil‑fuel generation facilities have faced substantial municipal revenue losses…
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