Bill Summary for S 587 (2011-2012)
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Summary date:
Apr 13 2011
Bill Information:
| View NCGA Bill Details | 2011-2012 Session |
CREATING THE MUNICIPAL POWER AGENCY RELIEF LEGISLATIVE STUDY COMMITTEE TO STUDY OPTIONS TO ALLEVIATE THE DEBT INCURRED BY THE JOINT MUNICIPAL POWER AGENCIES.Intro. by Newton.
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Bill summary
Establishes study committee as title indicates, citing $2.2 billion debt of 32 municipalities in NC Eastern Municipal Power Agency, primarily incurred to finance nuclear power plants. Committee comprised of six senators appointed by president pro tem and six representatives appointed by speaker. Final report to be made to 2012 session.