Kansas Officials Working on Disaster Fund That Would Benefit Coops
Posted on Feb 13, 2012 in Environmental, Grid & Infrastructure, Legislative & Politics, Regulation & Policy | Comments Off on Kansas Officials Working on Disaster Fund That Would Benefit Coops
Kansas lawmakers are working with the state’s governor to establish a fund to cover the state’s share of expenses from federally declared disasters, after millions owed to electric coops from storms in 2011 went unpaid. Kansas governor Sam Brownback wants to use $12 million from tax collections each year to establish a rainy day fund to avoid the situation the state faced in 2011 when lawmakers failed to finance $27 million in payments that Kansas owed for its share of disaster-related expenses. The Associated Press has more on the proposed fund.
