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CT HB05965

Bill

Official Source

Status

Introduced

1/24/2011

Primary Sponsor

Tim O'Brien

Click for details

Origin

House of Representatives

2011 General Assembly

AI Summary

  • Repeals the electric transition surcharge imposed on electric energy customers that was created by Public Act 10-179 to replace the assessment for stranded costs.
  • Prohibits the Department of Public Utility Control from approving electric distribution company rate increases when the surcharge expires.
  • Amends Title 16 of the Connecticut General Statutes regarding securitization of energy charges.
  • Referred to the Committee on Finance, Revenue and Bonding during the January 2011 session.

Legislative Description

An Act Repealing Electric Transition Surcharges And Preventing Related Rate Increases.

Last Action

Referred to Joint Committee on Finance, Revenue and Bonding

1/24/2011

Committee Referrals

Finance, Revenue and Bonding1/24/2011

Full Bill Text

No bill text available