MO SB376

Commission must notify cities and counties of utility tariff increases exceeding 7% and provide estimated annual revenue increases from those tariffs to affected jurisdictions.

Cities and counties must reduce business license tax rates on utility gross receipts within 60 days of tariff increases, maintaining revenue equal to prior year plus a growth factor calculated from average additional revenue of preceding three years.

Cities or counties may maintain existing tax rates without reduction if an ordinance or order to do so was enacted after September 28, 1985.

Natural gas purchased adjustment rates must include gas cost portion of net write-offs incurred by gas corporations, with rate schedules designed to simultaneously decrease base rates and increase purchased gas adjustment rates by equal amounts.

Eligible low-income households and elderly or disabled households may receive utility assistance funds to reconnect or maintain heating or cooling service, and customers with arrearages during cold weather rule periods may retain service by paying one-third of arrearage plus current bill over three months.