MO SR2196

Establishes the Senate Committee on Utility Regulation and Infrastructure Investment, composed of 6 members appointed by the President Pro Tempore (4 majority party, 2 minority party)

Directs the committee to study how Missouri's utility regulatory process for electric, natural gas, water, and sewer companies compares to other states

Requires examination of potential modernization of utility regulations, including nontraditional rate plans, performance-based rate plans, capital recovery schedules, and regulatory agency timelines

Committee must submit final report with legislative recommendations to the General Assembly by December 31, 2016, at which point it dissolves

Authorizes the committee to solicit input from the Public Service Commission, Department of Economic Development, Office of Public Counsel, political subdivisions, regulated utilities, and consumer groups