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MS SB2733
Bill
AI Summary
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Amends Section 77-3-79, Mississippi Code of 1972, to prohibit public utilities from including charitable or civic contributions in any amount as costs or expenses for rate-making purposes.
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Requires public utilities to file annual reports with the Public Service Commission detailing expenditures for business gifts, entertainment, advertising, and public relations expenses claimed for rate-making purposes.
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Maintains existing prohibition on allowing legislative-advocacy expenses as costs or expenses for rate-making purposes.
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Establishes filing deadlines not to exceed 60 days from the due date set by the commission, with authority to extend for urgent matters.
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Takes effect July 1, 2015.
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
2/3/2015