SB 702 - Lager, Brad
Allows electrical corporations to recover prudently incurred transmission expenses and government-mandated property taxes
Bill Details
Sponsor
LR Number
4640S.01I
Title
SB 702
House Handler
N/A
Journal Page
N/A
Effective Date
August 28, 2014
Current Status
Voted Do Pass S Commerce, Consumer Protection, Energy and the Environment Committee
Quick Links
Amendments
No amendments available
CURRENT BILL SUMMARY
SB 702 - This act allows electrical corporations to recover prudently incurred transmission expenses and government-mandated property taxes by placing such expenses in a regulatory asset or liability account. The balance in the account shall then be used to determine the electrical corporation's revenue requirement in their next general rate proceeding. This act exempts electrical corporations with more than one million customers.
This act expires August 27, 2018.
This act is identical to HB 2078 (2014).
KAYLA CRIDER