Michigan House Bill HB6076

Michigan 2023-2024 Regular Session

• Introduced: 11/12/24
• Refer: 11/12/24

Caption

Energy: other; energy reliability fund; create. Amends 1939 PA 3 (MCL 460.1 - 460.11) by adding sec. 9v.

Impact

If implemented, this bill would create a significant resource for vulnerable populations facing difficulties in managing their energy expenses. The establishment of the Energy Stability Fund is expected to provide targeted financial support to those who may struggle to afford essential energy services. Additionally, by ensuring these funds are specifically earmarked for certain demographics, the bill addresses fundamental equity issues within energy affordability, benefitting groups that historically face financial hardships.

Summary

House Bill 6076 aims to establish the Energy Stability Fund within the state treasury to assist eligible low-income seniors, individuals with qualified disabilities, and veterans with energy costs. This bill amends the regulations surrounding public and private utilities and outlines the creation of a fund specifically for energy assistance. The fund will be administered by the Department of Health and Human Services, which will oversee its expenditures on energy assistance for the specified groups.

Contention

Concerns may arise regarding the financing and sustainability of the Energy Stability Fund. Questions related to how the fund will be initially capitalized and how it will generate revenue to support its activities might become points of contention during discussions. Furthermore, there could be debates on whether the criteria for eligibility adequately address the needs of those facing energy insecurity, potentially leading to calls for broader definitions or considerations for other groups in need.