OR SB88

Electric and gas companies are prohibited from recovering costs from ratepayers for advertising, political influence activities, charitable giving, trade association fees (if used for lobbying/advertising), litigation over legislation, penalties/fines, and executive travel/aircraft expenses

Board of directors compensation recovery is capped at 50% of annual total compensation, and costs for unregulated products/services cannot be passed to ratepayers

Public Utility Commission must establish rules limiting how much utilities can recover from ratepayers for costs related to contested proceedings before the commission, including attorney and consultant fees

Utilities must file annual reports by April 30 itemizing all non-recoverable costs and expenses, including detailed information on vendor payments, employee compensation, and business unit activities

Civil penalties apply for violations, with penalties at least equal to improperly recovered amounts; utilities must refund any improperly recovered charges, and the bill takes effect immediately upon passage as an emergency measure