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RI S0018
Bill
Status
Introduced
1/23/2025
Primary Sponsor
Victoria Gu
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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