Florida Senate - 2013                        COMMITTEE AMENDMENT
       Bill No. SB 1472
                                Barcode 715614                          
                              LEGISLATIVE ACTION                        
                    Senate             .             House              
                  Comm: RCS            .                                
                  04/08/2013           .                                

       The Committee on Communications, Energy, and Public Utilities
       (Simpson) recommended the following:
    1         Senate Amendment (with title amendment)
    3         Between lines 153 and 154
    4  insert:
    5         Section 3. The Public Service Commission shall perform a
    6  comprehensive review of the continuing prudency, cost
    7  effectiveness, and need for any proposed nuclear power plant for
    8  which cost recovery under section 366.93, Florida Statutes, has
    9  been authorized if the currently anticipated inservice date for
   10  the plant has been extended more than 6 years beyond the
   11  original proposed inservice date and if the most recent estimate
   12  of the plant’s total cost has increased by more than 50 percent
   13  of the original cost estimate for the plant. In making this
   14  determination, the commission must consider all relevant
   15  factors, including, but not limited to, the utility’s need for
   16  the plant, technology and fuel choices, applicable federal and
   17  state licensing and permitting factors, and short- and long-term
   18  costs to ratepayers. Based on its review, the commission shall
   19  determine whether to authorize for cost recovery under section
   20  366.93, Florida Statutes, any new or future costs for which cost
   21  recovery has not already been authorized. Such review shall
   22  commence on or before June 1, 2013, and shall be complete by
   23  February 1, 2014.
   25  ================= T I T L E  A M E N D M E N T ================
   26         And the title is amended as follows:
   27         Delete line 15
   28  and insert:
   29         specifying criteria for such report; requiring the
   30         Public Service Commission to review the circumstances
   31         surrounding a proposed nuclear power plant if the
   32         anticipated cost and completion date exceed the
   33         original cost and completion date by a certain amount
   34         or period; specifying factors to be considered and
   35         dates by which the review must commence and be
   36         completed; providing an