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FL H7109

Bill

Status

Passed

6/11/2015

Primary Sponsor

Regulatory Affairs Committee

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Establishes three-term limit for PSC commissioners appointed after July 1, 2015; requires live streaming and recorded copies of meetings on commission website.

  • Requires lobbyists to register when seeking to influence PSC Nominating Council members; mandates annual ethics training (4+ hours) for commissioners beginning January 1, 2016.

  • Expands ex parte communications prohibition to include matters commissioners know or reasonably expect to be filed within 180 days; mandates Governor remove commissioners found to willfully violate this rule after previous violation.

  • Limits tiered rates with extended billing periods; caps customer deposits at 2 months of average or projected charges effective January 1, 2016; requires utilities to notify customers of multiple rate options and provide good faith rate selection assistance.

  • Creates nuclear asset-recovery bond financing mechanism allowing electric utilities to securitize early retirement/abandonment costs of nuclear generating assets exceeding $750 million; establishes detailed framework for financing orders, property rights, and state pledges protecting bondholders.

Legislative Description

Florida Public Service Commission

Last Action

Chapter No. 2015-129

6/11/2015

Committee Referrals

Communications, Energy, and Public Utilities4/22/2015
Regulatory Affairs3/31/2015
Government Operations Appropriations Subcommittee3/24/2015

Full Bill Text

No bill text available