SB 989
Modifies provisions relating to assessments against public utilities
LR Number:
Last Action:
3/23/2022 - SCS Voted Do Pass S Commerce, Consumer Protection, Energy and the Environment Committee (3372S.03C)
Journal Page:
Calendar Position:
Effective Date:
August 28, 2022

Current Bill Summary

SCS/SB 989 - Currently, the Public Service Commission allocates to each group of public utilities the estimated expenses directly and indirectly attributable to each group for the purposes of funding public utility regulation.

Under this act, if the calculation of such direct and indirect expenses would otherwise result in the telephone corporation group being allocated an amount of indirectly attributable expenses in excess of 125% of its directly attributable expenses, the telephone corporation group shall be allocated an amount of indirectly attributed expenses at 125% of the telephone corporation group's directly attributed expenses.



No Amendments Found.