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MO HB2808
Bill
Status
3/15/2016
Primary Sponsor
Travis Fitzwater
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AI Summary
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Changes how the Public Service Commission allocates indirect regulatory expenses among utility groups, shifting from a revenue-based proportion to the same proportion as directly attributable expenses for each group
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Creates a new "Public Counsel Fund" funded by assessments on public utilities (capped at 0.25% of total gross intrastate operating revenues) to cover the Office of Public Counsel's expenses, including administrative and expert costs
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Removes the requirement that the Office of Public Counsel be funded through general revenue
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Water corporations and sewer corporations will be combined and treated as a single utility group for assessment purposes
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Gas, water, and sewer corporations assessed amounts exceeding their fiscal year 2017 levels may file for rate adjustments outside of general rate proceedings to recover the increased assessment costs
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Sections 386.370 and 386.712 have a delayed effective date of January 1, 2017
Legislative Description
Modifies provisions of law relating to funding for the public service commission and the office of public counsel
Last Action
Referred: Utility Infrastructure(H)
5/13/2016