Relating to the State Department of Energy; prescribing an effective date.
Catchline/Summary:
Establishes Oregon Energy Commission as policy and rulemaking body for State Department of Energy. Establishes Oregon Energy Commission as policy and rulemaking body for State Department of Energy. Transfers certain duties of State Department of Energy and Director of State Department of Energy to commission.
Modifies state energy policy.
Modifies general duties of department.
Requires department to develop statewide strategic energy report. Requires commission to adopt report no later than January 1, 2020. Requires department to present draft report to Legislative Assembly no later than September 15, 2019. Requires commission to periodically review and update report.
Requires department to provide annual comprehensive energy report to Governor and Legislative Assembly.
Transfers certain State Department of Energy programs to other agencies. Repeals certain State Department of Energy programs.
Extends eligibility period for residential energy tax credits until January 1, 2020.
Reduces, to 0.1 percent, percentage of energy resource supplier's gross operating revenue that annual energy resource supplier assessment may not exceed. Changes calculated share of annual energy resource supplier assessment below which energy resource supplier is exempt from payment of assessment from $250 to $2,500. Modifies definition of "gross operating revenue" for purposes of energy resource supplier assessment. Applies to annual fees due on or after July 1, 2018.
Prohibits transfer of energy-related tax credit held by tax-exempt or government entity. Provides for purchase by Oregon Business Development Department of credit held by tax-exempt or government entity. Applies to tax years beginning on or after January 1, 2017.
Requires State Department of Energy to study further restructuring of department. Requires study to also include review and recommendations related to public involvement in proceedings of Energy Facility Siting Council. Requires department to present results of study to interim committees of Legislative Assembly no later than September 15, 2018. Sunsets study requirement on December 31, 2018.
Becomes operative January 1, 2018.
Takes effect on 91st day following adjournment sine die.
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SB 952 Joint Committee On Ways and Means
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