98RS HB517


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HB 517 (BR 2035) - M. Brown

     AN ACT relating to electric cooperative utilities.
     Create a new section of KRS Chapter 278 to authorize any electric cooperative to decrease their rates, or to adjust their rates to pass through changes in their wholesale supplier's rates, without approval by the Public Service Commission so long as the changes are allocated between consumer classes in a way that does not change the prior rate design; exempt from the automatic adjustments contracts with other stipulations; direct the Public Service Commission to set filing and notice requirements by administrative regulation; amend KRS 278.010 to add definitions.


     HFA (1, M. Brown) - Allow the rate adjustments provided for in the bill to apply to contracts under which rates are subject to adjustments ordered by the Public Service Commission.
     SFA (1, R. Leeper) - Require the Public Service Commission to promulgate administrative regulations to define proportional for purposes of rate review and to determine whether any increases in rates should be absorbed at the cooperative's current revenue levels.

     Feb 5-introduced in House
     Feb 6-to Tourism Development and Energy (H)
     Feb 9-posted in committee
     Feb 11-reported favorably, 1st reading, to Consent Calendar
     Feb 12-2nd reading, to Rules; posted for passage in the Regular Orders of the Day for February 17, 1998
     Feb 17-floor amendment (1) filed
     Feb 18-3rd reading, passed 92-0 with Floor Amendment (1)
     Feb 19-received in Senate
     Feb 20-to Agriculture and Natural Resources (S)
     Mar 5-reported favorably, 1st reading, to Calendar
     Mar 6-2nd reading, to Rules
     Mar 10-posted for passage in the Regular Orders of the Day for March 12, 1998
     Mar 11-floor amendment (1) filed
     Mar 12-floor amendment (1) withdrawn; 3rd reading, passed 36-1
     Mar 13-received in House; enrolled, signed by Speaker of the House
     Mar 16-enrolled, signed by President of the Senate; delivered to Governor
     Mar 27-signed by Governor

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