00          CS FOR SPONSOR SUBSTITUTE FOR HOUSE BILL NO. 157(CRA)                                                         
01 "An Act clarifying the powers of electric cooperatives to become members of or own                                      
02 stock in other entities, and permitting electric cooperatives to sell fuel not needed to                                
03 generate electric energy."                                                                                              
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1.  AS 10.25.020 is amended to read:                                                                     
06            Sec. 10.25.020.  Powers of electric cooperative.  An electric cooperative may                              
07                 (1)  generate, manufacture, purchase, acquire, accumulate, and transmit                                 
08       electric energy, and distribute, sell, supply, and dispose of electric energy to its                              
09       members, to governmental agencies and political subdivisions, and to other persons                                
10       not exceeding 10 percent of the number of its members; however, a cooperative that                                
11       acquires existing electric facilities may continue service to persons, not in excess of 40                        
12       percent of the number of its members, who are already receiving service from these                                
13       facilities without requiring them to become members, and these persons may become                                 
14       members upon the terms as may be prescribed in the bylaws;                                                        

01                 (2)  assist persons to whom electric energy is or will be supplied by the                               
02       cooperative in wiring their premises and in acquiring and installing electrical and                               
03       plumbing appliances, equipment, fixtures, and apparatus by financing them, and, in                            
04       connection with these services, wire or have wired the premises, and buy, acquire,                            
05       lease, sell, distribute, install, and repair electric and plumbing appliances, equipment,                         
06       fixtures, and apparatus;                                                                                          
07                 (3)  assist persons to whom electric energy is or will be supplied by the                               
08       cooperative in constructing, equipping, maintaining, and operating electric cold                                  
09       storage or processing plants by financing them or otherwise;                                                      
10                 (4)  operate a waste heat distribution system;                                                          
11                 (5)  operate a heating distribution system that was in existence on                                     
12       June 9, 1988;                                                                                                     
13                 (6)  provide sewer, water, or gas utility service if the cooperative has                                
14       received a certificate of convenience and necessity under AS 42.05.221 - 42.05.281                                
15       from the former Alaska Public Utilities Commission or the Regulatory Commission of                                
16       Alaska for each type of service provided;                                                                         
17                 (7)  provide direct satellite television programming services; in this                                  
18       paragraph, "direct satellite television programming services" means a video broadcast                             
19       signal that is received directly from a satellite by an end user;                                             
20                 (8)  become a member of other limited liability companies or                                        
21       corporations organized for any lawful purpose, or own stock in them;                                          
22                 (9)  sell fuel not needed to generate electric energy.