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SF 606 Senate Long Description

Establishing a permanent pilot program for energy innovation and +strategic economic development; requiring the commissioner of commerce to +designate energy generation enterprise zones capable of hosting a certain +number of megawatts of baseload or intermediate electrical general capacity and+ pilot projects of intermittent or peaking electrical generation capacity of+ less than a certain number of aggregated megawatts to encourage the interest of+ the state in innovative clean energy sources and in recovery in the most +economically problematic regions of the state; specifying eligibility for +designation as an energy generation enterprise zone or as a pilot project, requiring +the treatment of coal gasification facilities as qualifying facilities +under certain conditions; providing for designation of eligible areas by +the commissioner; providing individual income, corporate franchise, +property and sales and use tax exemptions and certain regulatory incentives +including the power of eminent domain for designated enterprise zones or pilot +projects, limiting the property tax exemption; authorizing and providing for +customer purchase of power supply services from enterprise zone facilities or +pilot projects under certain conditions, defining power supply services and specifying certain duties of the public utilities commission (PUC) (je)