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MO HB2808

Bill

Status

Introduced

3/15/2016

Primary Sponsor

Travis Fitzwater

Click for details

Origin

House of Representatives

2016 Regular Session

AI Summary

  • 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

  • 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

  • Removes the requirement that the Office of Public Counsel be funded through general revenue

  • Water corporations and sewer corporations will be combined and treated as a single utility group for assessment purposes

  • 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

  • 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

Committee Referrals

Utility Infrastructure5/13/2016

Full Bill Text

No bill text available