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Committee approves amendment to HB 15‑42 to redirect some renewable‑energy funds to general fund; bill reported Ought to Pass as amended
Summary
The House Ways and Means committee voted 10–8 to adopt an amendment to HB 15‑42 that shifts certain Renewable Energy Fund balances to the general fund for the 2026–27 biennium while preserving funding for the Office of Energy Innovation; the committee then reported the bill Ought to Pass as amended, 10–8.
A House Ways and Means committee on April 16 adopted an amendment to HB 15‑42 that changes how money in the state Renewable Energy Fund is used in the near term.
Krisha, a legislative budget analyst, told the committee that the bill as amended would move about $6.45 million a year out of renewable energy programs and, for the 2026–27 biennium, transfer leftover fund balances to the general fund rather than rebating them to retail electric ratepayers. "The bill is amended currently, moves about 6,400,000 each year out of the renewable energy programs and sends it back to the rate payers," Krisha said while presenting the fiscal note.
The amendment that the committee adopted (amendment 2026‑10858) also removes language referring to "incentive payments" and…
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