SB 492
Bonding Requirement for Decommissioning Wind and Solar Installations
Imposing a minimum bond requirement of $150,000 for current and future large scale wind and solar installations to prevent the cost of decommissioning from being transferred to the public. Installations producing less than .5 megawatts are exempted.
Sponsors: Randy Smith
ISSUES: Land & Wildlife
CWV Position:
Status: Introduced in Senate 3/21/21, referred to Industry and Mining Committee; referred to Senate Finance Committee 3/25/21; Passed Senate 3/30/21; Introduced in House 3/31/21, referred to Energy and Manufacturing Committee; amended on floor 4/10/21; Passed House 4/10/21; Senate concurs in House amendment 4/10/21.