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MD HB981

Bill

Status

Introduced

2/6/2026

Primary Sponsor

Andre Johnson

Click for details

Origin

House of Delegates

2026 Regular Session

AI Summary

  • Applies to investor-owned gas companies, electric companies, and combination gas and electric companies in Maryland

  • Requires the Public Service Commission to determine the current average expected 10-year U.S. equity market return during base rate proceedings

  • Commission must use multiple objective sources to determine the equity market return

  • Authorizes the Commission to adjust utility rates based on the risks to the public service company compared to the determined equity market return

  • Effective October 1, 2026

Legislative Description

Investor-Owned Public Service Companies - Base Rate Proceeding - Equity Market Return

Investments

Last Action

Withdrawn by Sponsor

3/2/2026

Committee Referrals

Environment and Transportation2/6/2026

Full Bill Text

No bill text available