Montana LC LC0398
UNAPPROVED DRAFT BILL -- Subject to Change Without Notice!
BILL NO.
INTRODUCED BY
(Primary Sponsor)BY REQUEST OF THE TRANSITION ADVISORY COMMITTEE ON ELECTRIC UTILITY INDUSTRY RESTRUCTURING
A BILL FOR AN ACT ENTITLED: "AN ACT RESTRICTING THE PURPOSE OF AN ELECTRIC BUYING COOPERATIVE TO A SUPPLIER OR PROMOTER OF ALTERNATIVE ENERGY AND CONSERVATION PROGRAMS; AMENDING SECTION 35-19-104, MCA; REPEALING SECTION 35-19-103, MCA; AND PROVIDING AN IMMEDIATE EFFECTIVE DATE."
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MONTANA:
Section 1. Section 35-19-104, MCA, is amended to read:
"35-19-104. Permissible purpose of incorporation. A buying cooperative may be organized under this chapter only for the purpose of supplying electricity to small customers as a default supplier, pursuant to 69-8-403, and for serving as a supplier or promoter of alternative energy and conservation programs."
NEW SECTION. Section 2. Repealer. Section 35-19-103, MCA, is repealed.
NEW SECTION. Section 3. Effective date. [This act] is effective on passage and approval.
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Latest Version of LC 398 (LC0398.01)
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