Assigned to NREW & APPROP AS PASSED BY COMMITTEE ARIZONA STATE SENATE Fifty-Sixth Legislature, First Regular Session AMENDED FACT SHEET FOR H.B. 2218 technical correction; power authority; monies (NOW: power authority; projects; energy storage) Purpose Appropriates $1,000,000 from the state General Fund (state GF) in FY 2024 to the Arizona Power Authority (APA). Requires the APA to encourage activities deemed feasible for the storage of electric power or energy. Background The APA must encourage feasible activities to produce electric power or energy from solar energy, nuclear energy or geothermal energy, and may bargain for, take and receive such energy or the electrical power generated in its own name on behalf of Arizona. For the purpose of making power available to marketing areas within Arizona, the APA may acquire or construct and operate electric transmission systems, standby or auxiliary plants and facilities and generate, produce, sell at wholesale, transmit and deliver such electric power to qualified purchasers (A.R.S. § 30-121). H.B. 2218 appropriates $1,000,000 from the state GF in FY 2024 to the APA. Provisions 1. Appropriates $1,000,000 from the state GF in FY 2024 to the APA to conduct resource planning and needs assessment on behalf of willing the APA customers and other nonprofit electric service providers in Arizona. 2. Exempts the appropriation to the APA from lapsing. 3. Allows all monies remaining unencumbered or unexpended, if the purpose for which the appropriation made is accomplished, to be used by the APA for any action that is authorized. 4. Requires the APA to encourage activities deemed to be feasible for the storage of electric power or energy. 5. Allows the APA, for the purpose of making power available to marketing areas of Arizona, to store electric power. 6. Allows the APA to dispose of acquired real property to persons engaged in projects deemed by the APA to be feasible for the storage of electric power or energy from solar, nuclear or geothermal energy. 7. Adds, to the definition of project, work and works, every facility necessary or convenient for storing power. 8. Makes technical and conforming changes FACT SHEET – Amended H.B. 2218 Page 2 9. Becomes effective on the general effective date. Amendments Adopted by Committees 1. Adds the appropriation from the state GF in FY 2024 to APA. 2. Exempts the appropriation to the APA from lapsing. 3. Adds the authorization for the APA to spend remaining monies for authorized purposes. House Action Senate Action NREW 2/14/23 DPA 10-0-0-0 NREW 3/30/23 DPA 7-0-0 3 rd Read 2/22/23 58-2-0 APPROP 4/4/23 DPA 9-0-1 Prepared by Senate Research April 5, 2023 RA/slp