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FL H0473
Bill
Status
4/28/2015
Primary Sponsor
Larry Ahern
Click for details
AI Summary
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Repeals Section 366.93 of Florida Statutes, which allowed utilities to recover advanced costs for siting, design, licensing, and construction of nuclear and integrated gasification combined cycle power plants.
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Prohibits utilities from continuing to collect costs previously authorized under the repealed statute, effective immediately upon enactment.
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Deletes provisions in Section 403.519 that limited challenges to a utility's right to recover pre-commercial operation costs, removing protections that shielded cost recovery from challenge except for imprudently incurred costs.
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Requires pre-commercial operation costs to be recovered pursuant to Chapter 366 of Florida Statutes through standard cost recovery procedures rather than advanced recovery mechanisms.
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Takes effect September 1, 2015, except for the immediate prohibition on continued cost collection.
Legislative Description
Repeal of Advanced Nuclear Cost Recovery
Last Action
Died in Energy and Utilities Subcommittee
4/28/2015