01/99: Senate Bill 2389 was enacted and added new language to House Bill 1237. It stated that the committee's study must determine "whether to grant a public utility a certificate of public convenience and necessity to extend its electric lines and facilities to serve customers outside the corporate limits of a municipality and....under which a rural electric cooperative may provide electric facilities and service to new customers and existing customers within municipalities being served totally or primarily by a public utility." The Act was effective from August 1, 1999 to July 31, 2001. No restructuring legislation was introduced in 1999, and the legislature was scheduled to meet again in 2001 (meets every other year).
11/98: The Electric Utilities Committee submitted its report to the legislature. The report stated that restructuring efforts shouldn't proceed until potential tax issues were considered.
02/98: North Dakota Electric Utilities Committee met and discussed tax implications of restructuring and electric rates of investor-owned and cooperative utilities.
07/97: The first meeting of The Electric Utilities Committee was completed. A final report was due November 1998.
03/97: House Bill 1237 was enacted to create a Legislative Study Committee on Electric Industry Competition. Committee work was scheduled to be completed by August 1, 2003.
Industry M&A
Power Plants