HB2001 HFA Pushkin, Hornbuckle and Campbell 1-21 Amd #1

            Delegate Pushkin, Hornbuckle and Campbell move to amend the bill on page one, line twelve, following the enacting clause, by inserting the following:

ARTICLE 2F. ALTERNATIVE AND RENEWABLE ENERGY PORTFOLIO STUDY.

§24-2F-1. Economic Impact Study on repeal of Alternative and Renewable Energy Incentives.

            The Governor shall direct a study of the impacts of repeal of this Article by a institution administered by the West Virginia Higher Education Policy Commission, including but not limited to any state college or university, West Virginia University, or Marshall University, a review of HB2001 for the purpose of preparing an Economic Impact Statement. The Economic Impact Statement shall address the effect of HB2001 on the economy of the State of West Virginia including, but not limited to, the effect of the legislation on employment, job creation or reduction in the coal industry including the impact of loss of incentives to developing alternative uses of coal in power generation, and the impact on other power generating resources in this state. The statement shall include the names of those persons who participated in the drafting of the statement, including the time spent preparing the statement. The institution shall also make available a lead author of the statement or other qualified representative of the institution to discuss the statement with any committee of the House in which the legislation was referred. Any institution that produces this statement, shall conduct a follow-up study two and five years following enactment of the legislation to analyze the long term economic impacts of the legislation. It shall be the responsibility of the Speaker to obtain any requested Economic Impact Statement, which shall be based on generally accepted methodology.