There is other recently introduced legislation besides Senate Bill 10 (see separate story) that unwind House Bill 6. One such measure is Senate Bill 44, sponsored by Sens. Jerry Cirino (R-Kirtland) and Michael Rulli (R-Salem) to repeal HB 6’s $150 million annual nuclear generation subsidies. The bill, which received its first hearing this week, would leave intact HB 6’s $20 million in annual subsidies for select solar projects.
Gongwer News Service reported that the sponsors of SB 44 said HB 6’s subsidy payments “may be more of a liability to beneficiary Energy Harbor under ongoing and expected changes at the federal level — and that the company’s fiscal footing should be healthier given its emergence from bankruptcy a year after HB 6’s passage.” 2/10/2021