Montana HB31 revises bonding requirements for wind and solar facility decommissioning.
Montana HB31 amends the bonding requirements for wind and solar generation facilities. It exempts owners from providing a bond if the facility is repurposed within the first five years of operation. Owners must submit a plan for decommissioning and a bond to the Department of Environmental Quality before the facility's 15th or 16th year of operation, depending on the start date. Owners can apply for a bond reduction if certain conditions are met. The bill also outlines penalties for failing to submit a decommissioning bond and specifies conditions under which a bond can be released.
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