AIM pleased to see some good bills signed into law
Associated Industries of Missouri president Ray McCarty applauded Governor Nixon’s signing of several bills today aimed at combating unreasonable regulations coming from the federal Environmental Protection Agency (EPA) and making cleaner fuels more readily available for Missouri consumers.
Senate Bill 664 and House Bill 1631 were signed today. These bills require Air Conservation Commission to develop carbon emission standards for existing power generation plants that take into consideration the remaining useful life of the plant, the overall economic and job impact of the required changes and the resulting increase in electric rates that will result from the new regulations. Under federal law, the EPA must work with the Missouri Department of Natural Resources on a state implementation plan for the new federal regulations over the next two years.
“These bills ask our state and federal leaders to approach this situation with their eyes wide open,” said McCarty. “In Washington, D.C., federal bureaucrats may not realize the real-world impact of their regulations, but here in the heartland of America, we certainly do, and these bills show we still value common sense. Implementing regulations that will raise the cost of electricity for all Missouri consumers, including manufacturers and other business owners, will make it more difficult for all Missouri consumers to survive and compete.”
SB 664 also contains a provision that requires a study demonstrating an environmental need for a revision before water quality standards are changed by the Missouri Clean Water Commission – a provision also supported by Associated Industries of Missouri.
The governor also signed HB 2141 that was a product of many meetings hosted and attended by Associated Industries of Missouri that will change the way liquefied natural gas and compressed natural gas are taxed so the gas made be made more widely available for use as a transportation fuel. The current placard system will be replaced with a system that more closely resembles the current motor fuel tax. Protections were included that allow companies to recover previous investments they have made in refueling stations and clean fuel vehicles that use liquefied and compressed natural gas.