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FL H7109
Bill
Status
6/11/2015
Primary Sponsor
Regulatory Affairs Committee
Click for details
AI Summary
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Establishes three-term limit for PSC commissioners appointed after July 1, 2015; requires live streaming and recorded copies of meetings on commission website.
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Requires lobbyists to register when seeking to influence PSC Nominating Council members; mandates annual ethics training (4+ hours) for commissioners beginning January 1, 2016.
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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.
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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.
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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