CODING: Words stricken are deletions; words underlined are additions.


H

The Committee on Regulated Industries recommended the following
amendment:



                                                  SENATE AMENDMENT

    Bill No. SB 1034

    Amendment No. 2

                            CHAMBER ACTION
              Senate                               House
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11  The Committee on Regulated Industries recommended the

12  following amendment:

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14         Senate Amendment (with title amendment) 

15         Delete everything after the enacting clause

16

17  and insert:

18         Section 1.

19         (1) In recognition of the recent attempts to increase

20  the margin of reserve allowances provided for water and

21  wastewater utilities and the enhancement of the recovery of

22  environmental compliance costs by investor-owned and private

23  water and wastewater utilities, the Legislature finds that the

24  impact of such reserve requirements and costs to individual

25  ratepayers needs a thorough review and fact finding process.

26  Therefore, the investor-owned and private water and wastewater

27  study panel is established to review the need for rate

28  adjustment legislation and analysis of the infrastructure and

29  future growth needs of water and wastewater utilities. In

30  addition, the panel shall review the economic impact to

31  consumers of possible policy changes, such as mandated

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                                                  SENATE AMENDMENT

    Bill No. SB 1034

    Amendment No. 2





 1  environmental compliance costs and possible changes to the

 2  period allowed for complying with required margins of reserve.

 3         (2) The study panel shall be composed of 9 members,

 4  which shall include: one member of the Senate and one member

 5  of the House of Representatives, appointed by each respective

 6  house; a representative from the Attorney General's office;

 7  and two representatives from water and wastewater utilities,

 8  one member of the Public Service Commission, one staff member

 9  of a water and wastewater utility, a representative of the

10  American Association of Retired Persons, and one

11  representative from a county that has assumed responsibility

12  for regulating water and wastewater utilities under section

13  367.081, Florida Statutes, each of which shall be appointed by

14  the Governor.

15         (3) The study panel shall hold at least three public

16  hearings in various locations in the state, and shall seek

17  public comment and input. The members of the study panel are

18  entitled to reimbursement for travel and per diem expenses

19  incurred in the performance of their duties, as provided under

20  section 112.061, Florida Statutes. Such expenses shall be paid

21  from the budget of the Public Service Commission.

22         (4) The study panel shall report to the Governor and

23  the Legislature by January 15, 1999, on recommendations for

24  proposed legislation.

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27  ================ T I T L E   A M E N D M E N T ===============

28  And the title is amended as follows:

29         Delete everything before the enacting clause

30

31  and insert:

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                                                  SENATE AMENDMENT

    Bill No. SB 1034

    Amendment No. 2





 1                      A bill to be entitled

 2         An act relating to the Public Service

 3         Commission; providing for a study commission to

 4         review the need for rate adjustment

 5         legislation, to analyze the infrastructure, and

 6         future growth needs of water and wastewater

 7         utilities, to review the economic impact to

 8         consumers of possible policy changes, and to

 9         recommend legislation; providing an effective

10         date.

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