Florida Senate - 2013                        COMMITTEE AMENDMENT
       Bill No. CS for SB 1472
       
       
       
       
       
       
                                Barcode 713900                          
       
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/16/2013           .                                
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       The Committee on Community Affairs (Latvala and Simpson)
       recommended the following:
       
    1         Senate Amendment 
    2  
    3         Delete lines 102 - 117
    4  and insert:
    5         b. The projected costs for the plant are reasonable and
    6  prudent.
    7         (d) After a utility obtains approval to proceed with post
    8  licensing or post-certification preconstruction work, it must
    9  petition the commission for approval of any preconstruction
   10  materials or equipment purchases that exceed 1 percent of the
   11  total projected cost for the project.
   12         (e) A utility must petition the commission for approval
   13  before beginning the construction phase.
   14         1. The only costs that a utility that has obtained
   15  commission approval may recover before beginning construction
   16  work are those that are previously approved or necessary to
   17  maintain the license or certification.
   18         2. In order for the commission to approve proceeding with
   19  construction on a plant, it must determine that:
   20         a. There is still a need for the plant; and
   21         b. The projected costs for the plant are reasonable and
   22  prudent.