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AR SB645
Bill
Status
3/27/2015
Primary Sponsor
Jim Hendren
Click for details
AI Summary
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Amends Arkansas Code § 23-3-102(a) to allow a public utility to acquire, lease, or rent a plant or property constituting an operating unit or system, including property owned by the utility's affiliate or by other entities.
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Amends Arkansas Code § 23-3-201 to clarify that a public utility claiming an exemption under § 23-18-504(a)(5) is not barred from seeking a certificate of public convenience and necessity.
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Allows the Arkansas Public Service Commission to grant a certificate of public convenience and necessity to a utility that has claimed an exemption, enabling the utility to recover reasonable costs of equipment or facilities through rates.
Legislative Description
To Amend The Law Concerning The Authority Of The Arkansas Public Service Commission; To Allow A Public Utility To Obtain Additional Property Of Certain Entities; And To Clarify The Impact Of An Exemption By A Public Utility.
Last Action
Notification that SB645 is now Act 736
3/27/2015