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

Top | Actions
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: 5/25/2022 2:58 PM (EDT)
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