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Home , Bruce DeGroot, Crystal Quade, Dan Hegeman, John Wiemann, Rob Vescovo

Missouri Infrastructure Legislation MEI Energy Policy Series on Energy Infrastructure

4/28/2021 Senate

34 Members

24 10 Republicans Democrats

President Pro Majority Floor Assistant Floor Appropriations Floor Leader Tem Leader Leader Dan Hegeman Brian Williams Missouri House of Representatives

163 Members

114 49 Republicans Democrats

Speaker of Speaker Pro- Majority Assistant Budget Chair Floor Leader the House tem Floor Leader Floor Leader Cody Smith Richard Brown 2021 Infrastructure Legislation

Securitization Summary Securitization would permit utilities to refinance remaining debt on power plants as bonds backed by a ratepayer guarantee. This tool is used to reduce the financial impact when utilities retire coal plants before they have finished paying for their construction.

Bills HB 734 (Rep. Michael O'Donnell) Reported to the Senate and First Read on 4/22/21 SB 202 (Sen. )

Referred to Senate-Governmental Accountability and Fiscal Oversight on 4/26/21 2021 Infrastructure Legislation

Wind Property Summary These bills would establish a depreciation table Tax for the purpose of assessing property associated with wind energy projects. The legislation came out of collaborative work done by a task force that included utilities, developers and assessors. The intent is to provide consistency and predictability for developers and utilities across the state and to prevent over-assessment. Bills HB 843 (Rep. Allen Andrews) Referred to House Rules – Administrative Oversight on 2/18/21 SB 379 (Sen. Cindy O’Laughlin)

Hearing Conducted in Senate Commerce on 3/31/21 2021 Infrastructure Legislation

PACE Funding Summary Missouri legislators are considering several bills that would impose intense regulations on PACE lending. The PACE reform legislation would demand more of municipalities and make changes to the program’s residential contracts, essentially crippling the program.

Bills HB 697 (Rep. Bruce DeGroot) Voted Do Pass as Substituted from S Insurance and Banking on 4/22/21 SB 105 (Sen. ) Placed on the Senate Informal Calendar for Perfection with SCS on 4/26/21 2021 Infrastructure Legislation

Grain Belt Summary Grain Belt legislation has been filed for several Express years in the Missouri House. The measure would block the use of “eminent domain for the purpose of constructing above-ground merchant lines,” thereby preventing construction of the Grain Belt Express. The project was approved by the Public Service Commission and won a court challenge, but continues to find opposition in the legislature. Bills HB 527 (Rep. Mike Haffner) Referred to the Senate Commerce Committee on 3/11/21 SB 508 (Sen. Jason Bean) Hearing Conducted in Senate Commerce Committee on 4/21/21 2021 Infrastructure Legislation

Renewable Summary This legislation is meant to help Missouri utility Natural Gas companies receive financial help transitioning to renewable natural gas. The measure would require the Public Service Commission to allow gas companies to offer a voluntary renewable natural gas program. The commission would enact reporting requirements and a process to recover expenses from the program through an automatic rate adjustment clause. Bills HB 892 (Rep. John Black) Referred to House Rules – Administrative Oversight on 3/3/21 SB 141 (Sen. Jason Bean) Executive Session Scheduled in House Judiciary for 4/26/21 2021 Infrastructure Legislation

Energy Choice Summary Energy choice legislation continues to crop up in the Missouri legislature in response to larger urban areas adopting climate goals that will be difficult to achieve with continued reliance on natural gas. The bill in question would prohibit political subdivisions from prohibiting the connection of a utility service based upon the type or source of energy.

Bills SB 230 (Sen. Eric Burlison) Voted Do Pass from the Senate Commerce Committee on 3/10/21