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FL S0350

Bill

Official Source

Status

Passed

4/28/2022

Primary Sponsor

Aaron Bean

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Increases the maximum annual sales threshold for natural gas and public electric utilities to qualify for expedited rate relief procedures from 500 to 1,000 gigawatt hours
  • Allows utilities meeting the new threshold to request the Public Service Commission use its proposed agency action procedure for processing rate relief petitions
  • Requires the Public Service Commission to vote on proposed agency action within 5 months of the commencement date for final agency action
  • Requires a final decision within 8 months after a protest is filed, and permits utilities to place requested rates into effect under bond after 5 months if the Commission has not acted
  • Takes effect July 1, 2022

Legislative Description

Procedures for Petitions for Utility Rate Relief

Last Action

Chapter No. 2022-74

4/28/2022

Committee Referrals

Appropriations1/13/2022
Appropriations Subcommittee on Agriculture, Environment, and General Government11/2/2021

Full Bill Text

No bill text available