MO HB1304

Requires gas, electrical, water, and sewer corporations to file quarterly reports with the Public Service Commission showing their actual earned return on equity for the preceding twelve-month period and preceding quarter

Makes quarterly return on equity reports available to the public, though corporations may request confidential treatment of supporting information (except the actual earned return on equity figure)

Mandates the Public Service Commission to consider the impact of changing economic conditions and the proposed rate of return on customers when determining authorized rates of return on equity in general rate proceedings

Requires the commission to hear evidence on these factors and make specific written findings of fact explaining how these considerations affected the corporation's authorized rate of return on equity