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MS SB2783
Bill
AI Summary
- Prohibits public utilities from including charitable or civic contributions as costs or expenses when calculating rates charged to customers
- Amends Section 77-3-79 of the Mississippi Code of 1972 to eliminate any allowance for such contributions in rate-making
- Previous law allowed some charitable contributions to be passed through to ratepayers; this bill removes that allowance entirely
- The Public Service Commission retains authority to disallow other utility expenditures (advertising, entertainment, public relations) determined not in the public interest
- Effective date: July 1, 2012
Legislative Description
Public utilities; charitable or civic contributions shall not be allowed as costs or expenses for rate-making purposes.
Last Action
Died In Committee
3/6/2012
Full Bill Text
No bill text available