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CS/SB 1238: Utility Investments in Gas Reserves

GENERAL BILL by Rules ; Bean

Utility Investments in Gas Reserves; Revising the jurisdiction of the Public Service Commission over public utilities to include the approval of cost recovery for certain gas reserve investments; requiring each public utility to file with the commission a comparison of all gas reserve projects entered into on behalf of the utility and any affiliate or subsidiary of the parent company as part of its risk management plan; requiring the use of a third-party auditor for audits of associated transactions for a gas reserve project, etc.

Effective Date: 7/1/2017
Last Action: 5/5/2017 Senate - Died on Calendar
Bill Text: Web Page | PDF
Senate Committee References:
  1. Communications, Energy, and Public Utilities (CU)
  2. Rules (RC)

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  • Bill History

  • CS/SB 1238, Engrossed 1 (Current Bill Version) Posted 4/28/2017 at 4:04 PM

  • CS/SB 1238, Committee Substitute 1 Posted 4/26/2017 at 3:24 PM

  • SB 1238, Original Filed Version Posted 2/24/2017 at 2:08 PM