Proposed H.B. No. 6408
Session Year 2023
 


AN ACT CONCERNING PUBLIC SERVICE COMPANY RATES AND EARNINGS IN EXCESS OF THEIR AUTHORIZED RATE OF RETURN.

To (1) change the rules for when the Public Utilities Regulatory Authority is required to hold an investigation concerning utility companies' earnings in excess of their authorized return on equity, (2) require that the earnings sharing mechanism for utility overearnings directs a greater share to ratepayers, and (3) to give the Public Utilities Regulatory Authority flexibility on how it directs any overearnings to ratepayers.

Introduced by:
Rep. Mitch Bolinsky, 106th Dist.

 New today  2-4 days old  5 days & older
   Text of Bill
 Proposed Bill  [doc]

Co-sponsors for Amendment LCO:

Bill History

 Date Action Taken
 1/23/2023Referred to Joint Committee on Energy and Technology

NOTE: Please direct all inquiries regarding the status of bills to the Office of the House Clerk and/or Senate Clerks' Office.