Capitol Comments Articles
Senate Bill 86 Passes Chambers Creates Utility Costs Loan Deposit Program

Gas Service (April 9, 2021) – Senate Bill 86 creates a new three-year loan program providing incentives for the making of loans to eligible borrowers for the winter weather event of February 2021. The total aggregate amount of loans issued under the program, to be administered by the state treasurer, may not exceed the amount of unencumbered funds certified by the state treasurer. The legislation benefits wholesale natural gas consumers such as hospitals and school districts.

The conference committee report passed both the House 117-6 and the Senate of 36-2.