3.0.0 7008 2020-02-14T19:16:02Z 2020-02-14T19:16:02Z House H HR 2008-09-23 110 hspw00 Transportation and Infrastructure Committee House Standing hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee Referred to 2008-09-24T15:54:26Z Referred to 2008-09-23T13:04:35Z 2008-09-24 hspw13 Economic Development, Public Buildings, and Emergency Management Subcommittee 1 House committee actions Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. Committee 2008-09-23 Referred to the House Committee on Transportation and Infrastructure. IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2008-09-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2008-09-23 Introduced in House IntroReferral 1000 9 Library of Congress A000361 Rep. Alexander, Rodney [R-LA-5] Rodney Alexander R LA 5 N B001255 Rep. Boustany, Charles W., Jr. [R-LA-7] Charles Boustany R LA W. 7 2008-09-23 True M000388 Rep. McCrery, Jim [R-LA-4] JIM MCCRERY R LA 4 2008-09-23 True Emergency Management Depressed areas Disaster relief Economics and Public Finance Electric utilities Electric utility rates Energy Emergency Management 00 2008-09-23 Introduced in House 2008-12-19T20:30:41Z Low-Income Rate Payer Disaster Recovery Act of 2008 - Amends the Robert T. Stafford Disaster Relief and Emergency Assistance Act to authorize the President to make contributions to the owner or operator of a private or investor-owned electric utility company serving low-income households for facilities damaged or destroyed by a major disaster only if the costs of repairing, restoring, reconstructing, or replacing such facilities exceed 10% of the facilities' total transmission and distribution rate base minus: (1) accumulated depreciation on the date of the disaster in the case of a single major disaster; or (2) accumulated depreciation on the date of the first major disaster in the case of an aggregation of major disasters during the preceding 12 months.

Sets forth application deadlines.

Prohibits the total amount of contributions made to an owner or operator from exceeding $50 million in any 12-month period. Authorizes the President, for any major disaster occurring after enactment of this Act, to waive the limit upon determining that the event is of an extraordinary nature. Requires the President to approve or disapprove applications within 30 days after receipt.

Allows an owner or operator who determines that the public welfare would not best be served by repairing, restoring, reconstructing, or replacing a facility to elect to receive, in lieu of the cost-based contribution, 75% of the funding that would have been available.

]]> Low-Income Rate Payer Disaster Recovery Act of 2008 Short Titles as Introduced Low-Income Rate Payer Disaster Recovery Act of 2008 Display Title Low-Income Rate Payer Disaster Recovery Act of 2008 Official Title as Introduced To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide for disaster assistance for electric utility companies serving low-income households, and for other purposes. Introduced in House 2008-09-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-110hr7008ih/xml/BILLS-110hr7008ih.xml 2008-09-24 Referred to the Subcommittee on Economic Development, Public Buildings and Emergency Management. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.