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RI S0018

Bill

Status

Introduced

1/23/2025

Primary Sponsor

Victoria Gu

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Origin

Senate

2025 Regular Session

AI Summary

Legislative Description

Effective July 1, 2025, provides that, the profit margin of any electric distribution company or gas distribution company, would not exceed 4%, in any calendar year and defines a "profit margin" as the return on equity that is allowed by the commission.

Public Utilities And Carriers

Last Action

Committee recommended measure be held for further study

4/8/2025

Committee Referrals

Commerce1/23/2025

Full Bill Text

No bill text available