Jan 20, 2016 2:57 PM
State House committee considering 2 pipeline bills
The Associated Press
NASHUA — Lawmakers are considering two bills that could affect the development of a proposed natural gas pipeline.
The Nashua Telegraph reports the two bills received hearings before the N.H. House Ways and Means Committee on Tuesday.
HB 1101 aims to keep the financial burden for the construction of any high-pressure gas pipeline from being placed on state residents. HB 1544 proposes a tax on revenues received under any contract that covers the transmission of natural gas through the state.
Kinder Morgan's pipeline, known as the Northeast Energy Direct project, would cross 70 miles of southern New Hampshire to pipe natural gas from the Gulf of Mexico, Texas and Louisiana to the Northeast.
A company lobbyist argued against the bills, saying the pipeline will decrease energy costs in the state.