Florida Senate - 2024                        COMMITTEE AMENDMENT
       Bill No. CS for CS for SB 1624
       
       
       
       
       
       
                                Ì917948]Î917948                         
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                   Comm: WD            .                                
                  02/28/2024           .                                
                                       .                                
                                       .                                
                                       .                                
       —————————————————————————————————————————————————————————————————




       —————————————————————————————————————————————————————————————————
       The Committee on Fiscal Policy (DiCeglie) recommended the
       following:
       
    1         Senate Amendment (with title amendment)
    2  
    3         Between lines 388 and 389
    4  insert:
    5         Section 5. Subsection (3) is added to section 366.075,
    6  Florida Statutes, to read:
    7         366.075 Experimental and transitional rates; experimental
    8  mechanisms.—
    9         (3) The commission may establish an experimental mechanism
   10  to facilitate energy infrastructure investment in gas consistent
   11  with the structure set forth in s. 366.96(7) and (8) and the
   12  intent of s. 366.91(1). Such gas infrastructure investment may
   13  include only investments that collect, prepare, clean, process,
   14  transport, or inject gas, which has the same meaning as the
   15  definition provided in s. 366.91(2)(f), for pipeline
   16  distribution. The commission shall have discretion to determine
   17  whether such mechanism is conducted in an annual proceeding. The
   18  commission shall adopt rules to implement and administer this
   19  subsection and shall propose such rules for adoption as soon as
   20  practicable but no later than January 1, 2025.
   21  
   22  ================= T I T L E  A M E N D M E N T ================
   23  And the title is amended as follows:
   24         Delete line 58
   25  and insert:
   26         submitted; providing construction; amending s.
   27         366.075, F.S.; authorizing the commission to establish
   28         an experimental mechanism that meets certain
   29         requirements to facilitate certain energy
   30         infrastructure investment in gas; providing
   31         requirements for gas infrastructure investments;
   32         authorizing the commission to make certain
   33         determinations regarding the experimental mechanism;
   34         requiring the commission to adopt rules and propose
   35         such rules by a specified date; amending s. 366.94,