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MO HB956

Bill

Status

Introduced

2/12/2015

Primary Sponsor

Lyndall Fraker

Click for details

Origin

House of Representatives

2015 Regular Session

AI Summary

  • Changes the cap on Infrastructure System Replacement Surcharge (ISRS) revenues from 10% of base revenue to 1.25% of annual incremental Missouri gross jurisdictional revenues, excluding pass-through taxes like gross receipts and sales taxes

  • Extends the required timeframe between general rate proceedings from 3 years to 5 years for gas corporations to maintain ISRS eligibility

  • Allows gas corporations to collect applicable gross receipts tax, sales tax, and similar pass-through taxes in addition to the ISRS rate adjustment, without counting those taxes against the 1.25% cap

  • Preserves the authority of the commission, public counsel, local government officials, and groups of at least 25 consumers to file complaints alleging unreasonable or unlawful rates under section 386.390

Legislative Description

Modifies provisions relating to gas corporations

Last Action

Laid Over (H)

4/29/2015

Committee Referrals

Select Committee on Utilities4/2/2015
Utility Infrastructure3/12/2015

Full Bill Text

No bill text available