Loading chat...
GA SB393
Bill
Status
Introduced
2/7/2018
Primary Sponsor
Lindsey Tippins
Click for details
AI Summary
- Prohibits utilities from recovering financing costs associated with the construction of commission-certified nuclear generating plants from public school customers, including schools under local boards of education and all state charter schools
- Financing costs exempted for public schools shall not be shifted to other customers; instead, those costs accrue as allowance for funds used during construction, which the utility may seek to add to its rate base upon completion of the nuclear plant
- Amends Code Section 46-2-25 of the Official Code of Georgia Annotated, which governs procedures for changing utility rates, charges, classifications, or services
- Retains the commission's discretion to consider the effect of the financing cost tariff when setting senior or low-income assistance levels, with income qualification set at 200 percent of the federal poverty level
- Sponsored by Senators Tippins (37th District) and Hufstetler (52nd District)
Legislative Description
Public Utilities; recovery of certain financing costs of the construction of nuclear generation plants from public schools; prohibit
Last Action
Senate Read and Referred
2/8/2018
Full Bill Text
No bill text available