Electric utilities; SCC to establish procedures regarding refunds of moneys collected. (HB2519)
Introduced By
Del. Bud Phillips (D-Castlewood) with support from co-patrons Del. Terry Kilgore (R-Gate City), and Sen. Bill Carrico (R-Grayson)
Progress
✓ |
Introduced |
✓ |
Passed Committee |
✓ |
Passed House |
✓ |
Passed Senate |
✓ |
Signed by Governor |
☐ |
Became Law |
Description
Electric utilities; over-recovery of fuel costs. Requires the State Corporation Commission (SCC) to establish procedures regarding refunds by electric utilities of moneys collected from fuel cost tariffs in excess of actual fuel costs. The measure directs the SCC to continuously review fuel costs of all electric utilities and, if the SCC finds that a utility is in an over-recovery position, or likely to be so, to reduce the fuel cost tariffs to correct the over-recovery or require the utility to refund over-recoveries to customers. Currently, the SCC is authorized to review the fuel costs only of those utilities not bound by a rate case settlement that extended in its application beyond January 1, 2002, and if it finds that such a utility is in an over-recovery position, or likely to be so, the SCC is authorized to reduce its fuel cost tariffs to correct the over-recovery. Read the Bill »
Outcome
History
Date | Action |
---|---|
01/16/2009 | Committee |
01/16/2009 | Presented and ordered printed 098732680 |
01/16/2009 | Referred to Committee on Commerce and Labor |
01/26/2009 | Assigned C & L sub: 3 Energy |
02/02/2009 | Impact statement from SCC (HB2519) |
02/05/2009 | Reported from Commerce and Labor with substitute (21-Y 0-N) (see vote tally) |
02/05/2009 | Committee substitute printed 090217680-H1 |
02/08/2009 | Read first time |
02/09/2009 | Read second time |
02/09/2009 | Committee substitute agreed to 090217680-H1 |
02/09/2009 | Engrossed by House - committee substitute HB2519H1 |
02/10/2009 | Read third time and passed House BLOCK VOTE (98-Y 0-N) |
02/10/2009 | VOTE: BLOCK VOTE PASSAGE (98-Y 0-N) (see vote tally) |
02/10/2009 | Reconsideration of passage agreed to by House |
02/10/2009 | Passed House BLOCK VOTE (99-Y 0-N) |
02/10/2009 | VOTE: BLOCK VOTE PASSAGE (99-Y 0-N) (see vote tally) |
02/11/2009 | Constitutional reading dispensed |
02/11/2009 | Referred to Committee on Commerce and Labor |
02/12/2009 | Impact statement from SCC (HB2519H1) |
02/23/2009 | Reported from Commerce and Labor (15-Y 0-N) (see vote tally) |
02/24/2009 | Constitutional reading dispensed (39-Y 0-N) (see vote tally) |
02/25/2009 | Read third time |
02/25/2009 | Passed Senate (40-Y 0-N) (see vote tally) |
03/04/2009 | Enrolled |
03/04/2009 | Bill text as passed House and Senate (HB2519ER) |
03/05/2009 | Impact statement from SCC (HB2519ER) |
03/05/2009 | Signed by President |
03/06/2009 | Signed by Speaker |
03/27/2009 | G Approved by Governor-Chapter 244 (effective 7/1/09) |
03/27/2009 | G Acts of Assembly Chapter text (CHAP0244) |