S.19.2-13: Energy price reduction and plant subsidy act of the south (Passed)

[Southern Delegate matthew27]

This bill is a serious tax cut and subsidy to maintain our current spread of electrical generating plants throughout our southern region with a little bit of direction to the governor to speed up offshore drilling. If we're ever going to have full Energy independence we can't be having our current plants being decommissioned and shutdown.

The consumer will benefit as they will pay less for energy as we will have more then enough under the above plan.

[Southern Delegate matthew27]

Taking the Deputy  speakers advise and offering an amendment lowering tax cuts to 3%.

Section 1: Title:  Energy price reduction and plant subsidy act of the south.

Section 2: Tax reductions on energy
2.1 All current state and regional taxes on coal, oil, natural gas and nuclear shall be reduced by 5 3% within the southern region.
2.2 All energy sources to run the plants shall be included.
2.3 Energy sources as in fuel to run the plant.

Section 3: Subsides for nuclear
3.1 Nuclear energy shall be granted a regional five percent subsidy for both maintenance and construction.

Section 4: Subsidies for coal plants
4.1 All at risk coal plants within the southern region shall get a subsidy in order to continue operations.
4.2 Only plants that are at risk of shutting down can receive the subsidy
4.3 The plant must be within 6 months of closing to be considered at risk.

Section 5: Offshore drilling
5.1  Under the direction of the governor applications for approval shall be sped up.
5.15 Excluding national and regional reserves and parks.
5.2 The Governor of the south shall be directed to trim regulations at the executive level to bring about construction of oil and natural gas oil rigs in the Atlantic waters of the south.

Section 6: Bill shall become law at the start of the new fiscal year.

[Southern Delegate matthew27]

Asking for a vote. This would greatly help the south.