Natural gas utilities; recovery of eligible safety activity costs accounted for as regulatory asset. (SB1247)

Introduced By

Sen. Chuck Colgan (D-Manassas)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Natural gas utility ratemaking; eligible safety activity costs. Permits natural gas utilities to recover certain safety activity costs incurred on or after January 1, 2013, in future rates by accounting for them as deferred costs. These deferred costs will be accounted for as a regulatory asset and not subject to write-off or write-down in an earnings test filing. Read the Bill »

Outcome

Bill Has Failed

History

DateAction
01/09/2013Presented and ordered printed
01/09/2013Presented and ordered printed 13101736D
01/09/2013Referred to Committee on Commerce and Labor
01/16/2013Impact statement from SCC (SB1247)
01/21/2013Stricken at request of Patron in Commerce and Labor (15-Y 0-N) (see vote tally)