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House Bill 755

Actions | Amendments

Last Action	04/13/22: to Natural Resources & Energy (S)
Title	AN ACT establishing the Ratepayer Protection Task Force.
Bill Documents	Current/Final Introduced
Bill Request Number	2121
Sponsors	J. Gooch Jr., C. Fugate, A. Hatton
Summary of Original Version	Create a new section of KRS Chapter 278 to require the Public Service Commission to open an administrative case to initiate an investigation to reduce the volatility of fuel adjustment clause charges on electric utility bills within 90 days of the effective date of the Act; require the Public Service Commission to promulgate administrative regulations to implement any changes it has prescribed to reduce the volatility of fuel adjustment clause charges on electric utility bills within 60 days of issuing an order in the administrative case.
Index Headings of Original Version	Energy - Public Service Commission, administrative case, fuel adjustment clause volatility Public Utilities - Public Service Commission, administrative case, fuel adjustment clause volatility Administrative Regulations and Proceedings - Public Service Commission, fuel adjustment clause volatility Advisory Boards, Commissions, and Committees - Public Service Commission, administrative case, fuel adjustment clause volatility
Jump to Proposed Amendments	House Committee Substitute 1 House Committee Amendment 1
Votes	Vote History

Actions

Top | Amendments

03/01/22	introduced in House to Committee on Committees (H)
03/09/22	to Natural Resources & Energy (H)
03/14/22	taken from Natural Resources & Energy (H) 1st reading returned to Natural Resources & Energy (H)
03/24/22	reported favorably, 2nd reading, to Rules with Committee Substitute (1) and Committee Amendment (1-title)
03/29/22	posted for passage in the Regular Orders of the Day for Tuesday, March 29, 2022 taken from the Orders of the Day returned to Rules
03/30/22	posted for passage in the Consent Orders of the Day for Wednesday, March 30, 2022 3rd reading, passed 98-0 with Committee Substitute (1) and Committee Amendment (1-title) received in Senate to Committee on Committees (S)
04/13/22	to Natural Resources & Energy (S)

Proposed Amendments

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Amendment	House Committee Substitute 1
Summary	Delete original provisions; establish the Ratepayer Protection Task Force to examine utility issues relating to fuel adjustment clause volatility, securitization of regulatory assets, and premature retirement of electric generating facilities; establish task force membership; require the task force to meet at least three times during the 2022 Interim and submit its findings, recommendations, or a memorandum to the Legislative Research Commission no later than December 1, 2022; allow the Legislative Research Commission to alternatively assign the duties of the task force to an interim joint committee or subcommittee thereof of and to designate a study completion date.
Index Headings	Energy - Ratepayer Protection Task Force, establishment, duties, membership Legislative Research Commission - Ratepayer Protection Task Force, establishment, duties, membership Public Utilities - Ratepayer Protection Task Force, establishment, duties, membership Task Forces, Legislative Branch - Ratepayer Protection Task Force, establishment, duties, membership

Amendment	House Committee Amendment 1
Sponsor	J. Gooch Jr.
Summary	Make title amendment.
Index Headings	Title Amendments - HB 755

Last updated: 2/8/2023 2:57 PM (EST)