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MD HB981
Bill
Status
Introduced
2/6/2026
Primary Sponsor
Andre Johnson
Click for details
AI Summary
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Applies to investor-owned gas companies, electric companies, and combination gas and electric companies in Maryland
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Requires the Public Service Commission to determine the current average expected 10-year U.S. equity market return during base rate proceedings
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Commission must use multiple objective sources to determine the equity market return
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Authorizes the Commission to adjust utility rates based on the risks to the public service company compared to the determined equity market return
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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Withdrawn by Sponsor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