COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 4204-01

Bill No.: SB 1131

Subject: Public Service Commission

Type: Original

Date: February 13, 2004




FISCAL SUMMARY



ESTIMATED NET EFFECT ON GENERAL REVENUE FUND
FUND AFFECTED FY 2005 FY 2006 FY 2007
Total Estimated

Net Effect on

General Revenue

Fund

$0 $0 $0



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2005 FY 2006 FY 2007
Total Estimated

Net Effect on All

State Funds

$0 $0 $0



Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 4 pages.













ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2005 FY 2006 FY 2007
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2005 FY 2006 FY 2007
Local Government $0 $0 $0




FISCAL ANALYSIS



ASSUMPTION



Officials of the Department of Economic Development - Public Service Commission (PSC) state this proposal prohibits consumers from filing complaints about rates. This is a change from the present, in which a group of 25 or more consumers may file a complaint about rates. Few such complaints are filed now, so no significant impact is expected.



The bill requires the completion of over-earnings complaint cases in 11 months. This is not a significant change from present practice.



The bill authorizes refunds where a utility is found to have intentionally overcharged customers. This provision is not likely to result in a significant increase of work for the PSC.



PSC is not requesting additional resources due to this proposal.



Officials of the Department of Economic Development - Office of the Public Counsel (OPC) state although this bill has some impact on OPC, OPC should be able to absorb the changes; however, if the requirements of this bill are combined with additional requirements or changes OPC may incur a fiscal impact.



FISCAL IMPACT - State Government FY 2005

(10 Mo.)

FY 2006 FY 2007
$0 $0 $0





FISCAL IMPACT - Local Government FY 2005

(10 Mo.)

FY 2006 FY 2007
$0 $0 $0





FISCAL IMPACT - Small Business



This proposal will make it more difficult for small businesses to challenge utility rates.



DESCRIPTION



This proposal modifies Section 386.390, RSMo by first eliminating the requirement for twenty-five signatures for an over-earnings complaint. This proposal also states that any over-earnings complaint must be decided by the Public Service Commission within eleven months from the date of the initial filing. Finally, this proposal provides the PSC authority to order any corporation that has been found by the PSC to have intentionally overcharged customers, to refund all affected customers with interest from the date of the overcharge.



This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.

















SOURCES OF INFORMATION



Department of Economic Development

Public Service Commission

Office of the Public Counsel





Mickey Wilson, CPA

Director

February 13, 2004