Montana Hydroelectric Security Act, I-145 (2002)

From Ballotpedia
Jump to: navigation, search

The Montana Hydroelectric Security Act, or I-145, was an initiated state statute on the November 5, 2002 ballot in Montana, where it was defeated.

The initiative sought to create a public power commission to purchase or condemn hydroelectric dams for the public's interest.

See Energy policy in Montana for a full explanation of energy policy across the state.

Election results

I-145 (Montana Hydroelectric Security Act)
ResultVotesPercentage
Defeatedd No221,99968.2%
Yes 103,742 31.8%

Official results via: The Montana Secretary of State

Text of measure

The language that appeared on the ballot:

This initiative creates an elected public power commission to determine whether purchasing hydroelectric dams in Montana is in the public interest and repeals the Montana Power Authority created by the 2001 legislature. The commission could negotiate to purchase the dams or, if necessary, use the power of condemnation to acquire the dams at fair market value. To pay for the dams, the state could issue $500 million in bonds to be repaid by the sale of generated electricity. Montana’s small consumers would get priority to purchase the electricity. The commission also may invest in renewable energy and conservation projects.

Costs for assessing if acquisition of one or more hydroelectric facilities is in the public interest could be from $6 to $12 million. Purchase price and other costs are undeterminable now.

See also

BallotpediaAvatar bigger.png
Suggest a link

External links

References