FINAL BILL REPORT

                 EHB 2347

                     Synopsis as Enacted

                          C 11 L 92

Brief Description:  Changing municipal electric utility access to high voltage transmission facilities.

By Representatives Grant, May, Jacobsen, Hochstatter, H. Myers, Cooper and Silver.

House Committee on Energy & Utilities

Senate Committee on Energy & Utilities

Background:  The Bonneville Power Administration has been spearheading development of added electric transmission capacity between the Northwest and the Pacific Southwest.  Initially, it appeared that utilities would be offered ownership shares of the new lines.  To this end, in 1989, municipal electric utilities were authorized to raise money to buy ownership shares in the lines.

It now appears that access rather than ownership will be marketed by the Bonneville Power Administration, giving rise to the need to allow municipal electric utilities to finance acquisition of capacity rights as well as outright ownership of shares of a line.

Summary:  Municipal electric utilities may participate and enter into agreements for use of transmission facilities and capacity rights in those facilities.  A city may issue revenue bonds or other obligations to finance the city's share of the use of those facilities.

Votes on Final Passage:

House  88   0

Senate 39   0

Effective:    June 11, 1992