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AR SB576

Bill

Official Source

Status

Passed

5/1/2023

Primary Sponsor

Ben Gilmore

Click for details

Origin

Senate

94th General Assembly (2023 Regular)

AI Summary

  • Amends Arkansas Code § 23-4-102(c)(3)(A) to increase the maximum amount the Arkansas Public Service Commission can directly recover from affected utilities for contract attorney and consultant fees
  • Increases the recovery limit from $3,000,000 annually to $5,000,000 per calendar year
  • Applies only to electric public utilities owned by a public utility holding company as defined by section 1262 of the Energy Policy Act of 2005
  • Approved April 11, 2023

Legislative Description

To Amend The Law Concerning The Authority Of The Arkansas Public Service Commission Over Interstate Rates, Charges, Classifications, And Other Actions; And To Increase The Amount Recoverable From An Affected Utility.

Last Action

Notification that SB576 is now Act 560

5/1/2023

Committee Referrals

Insurance and Commerce4/5/2023
Insurance & Commerce4/3/2023

Full Bill Text

No bill text available