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MO SB1130
Bill
Status
3/1/2016
Primary Sponsor
Jeanie Riddle
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AI Summary
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Creates "The Public Counsel Fund" as a new special fund to be financed through assessments on public utilities, capped at one-eighth of one percent of gross intrastate operating revenues, replacing general revenue funding for the Office of Public Counsel
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Changes how the Public Service Commission allocates indirect regulatory expenses among utility groups from a revenue-based proportion to the same proportion as directly attributable expenses for each group
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Expands utility categories subject to commission expense assessments to include telegraph corporations, sewer corporations, and any other public utility as defined in section 386.020, with water and sewer corporations combined as one group
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Allows gas, water, and sewer corporations assessed amounts greater than fiscal year 2017 levels to file for rate adjustments outside of general rate proceedings to recover increased assessment costs
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Sections relating to commission and public counsel funding take effect 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
Second Read and Referred S Commerce, Consumer Protection, Energy and the Environment Committee
3/3/2016