| 21 | | - | investments; defining the term "gas"; requiring the 8 |
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| 22 | | - | commission to adopt rules and propose such rules by a 9 |
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| 23 | | - | specified date; specifying matters that such rules 10 |
|---|
| 24 | | - | must address; providing an effective date. 11 |
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| 25 | | - | 12 |
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| 26 | | - | Be It Enacted by the Legislature of the State of Florida: 13 |
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| 27 | | - | 14 |
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| 28 | | - | Section 1. Subsection (3) is added to section 366.075, 15 |
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| 29 | | - | Florida Statutes, to read: 16 |
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| 30 | | - | 366.075 Experimental and transitional rates ; experimental 17 |
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| 31 | | - | mechanisms.— 18 |
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| 32 | | - | (3)(a) The commission shall establish an experimental 19 |
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| 33 | | - | mechanism to facilitate energy infrastructure investments in gas 20 |
|---|
| 34 | | - | consistent with the structure set forth in s. 366.99(2) –(6) and 21 |
|---|
| 35 | | - | the intent of s. 366.91(1). Such gas infrastructure investments 22 |
|---|
| 36 | | - | may include only such investments that collect, prepare, clean, 23 |
|---|
| 37 | | - | process, transport, or inject gas as a transportation fuel or 24 |
|---|
| 38 | | - | for pipeline distribution. As used in this subsection, the term 25 |
|---|
| 21 | + | investments; authorizing the commission to make 8 |
|---|
| 22 | + | certain determinations regarding the experimental 9 |
|---|
| 23 | + | mechanism; defining the term "gas"; requiring the 10 |
|---|
| 24 | + | commission to adopt rules and propose such rules by a 11 |
|---|
| 25 | + | specified date; providing an effective date. 12 |
|---|
| 26 | + | 13 |
|---|
| 27 | + | Be It Enacted by the Legislature of the State of Florida: 14 |
|---|
| 28 | + | 15 |
|---|
| 29 | + | Section 1. Subsection (3) is added to section 366.075, 16 |
|---|
| 30 | + | Florida Statutes, to read: 17 |
|---|
| 31 | + | 366.075 Experimental and transitional rates ; experimental 18 |
|---|
| 32 | + | mechanisms.— 19 |
|---|
| 33 | + | (3) The commission may establish an experimental mechanism 20 |
|---|
| 34 | + | to facilitate energy infrastructure investments in gas 21 |
|---|
| 35 | + | consistent with the structure set forth in s. 366.96(7) and (8) 22 |
|---|
| 36 | + | and the intent of s. 366.91(1). Such gas infrastructure 23 |
|---|
| 37 | + | investments may include only such investments that collect, 24 |
|---|
| 38 | + | prepare, clean, process, transport, or inject gas as a 25 |
|---|
| 51 | | - | "gas" means anaerobic ally generated biogas, landfill gas, or 26 |
|---|
| 52 | | - | wastewater treatment gas produced and collected in this state 27 |
|---|
| 53 | | - | and refined to a methane content of 90 percent or greater which 28 |
|---|
| 54 | | - | may be used as a transportation fuel or pipeline distribution. 29 |
|---|
| 55 | | - | (b) The commission shall adopt rules to implement and 30 |
|---|
| 56 | | - | administer this subsection and shall propose such rules for 31 |
|---|
| 57 | | - | adoption as soon as practicable but no later than January 1, 32 |
|---|
| 58 | | - | 2026. Such rules shall provide for the allocation to public 33 |
|---|
| 59 | | - | utility customers of the benefit of any tradea ble energy credits 34 |
|---|
| 60 | | - | and tax savings associated with gas infrastructure investments 35 |
|---|
| 61 | | - | made pursuant to this subsection and shall address the treatment 36 |
|---|
| 62 | | - | of revenues from sales of gas from such investments for 37 |
|---|
| 63 | | - | transportation purposes. 38 |
|---|
| 64 | | - | Section 2. This act shall take effect July 1, 2025. 39 |
|---|
| 51 | + | transportation fuel or for pipeline distribution. The commiss ion 26 |
|---|
| 52 | + | shall have discretion to determine whether such mechanism is 27 |
|---|
| 53 | + | conducted in an annual proceeding. As used in this subsection, 28 |
|---|
| 54 | + | the term "gas" means anaerobically generated biogas, landfill 29 |
|---|
| 55 | + | gas, or wastewater treatment gas refined to a methane content of 30 |
|---|
| 56 | + | 90 percent or greater which may be used as a transportation fuel 31 |
|---|
| 57 | + | or pipeline distribution. The commission shall adopt rules to 32 |
|---|
| 58 | + | implement and administer this subsection and shall propose such 33 |
|---|
| 59 | + | rules for adoption as soon as practicable but no later than 34 |
|---|
| 60 | + | January 1, 2026. 35 |
|---|
| 61 | + | Section 2. This act shall take effect July 1, 2025. 36 |
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