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The Florida Senate

CS/CS/HB 125: Utility System Rate Base Values

GENERAL BILL by Commerce Committee ; Energy, Communications & Cybersecurity Subcommittee ; McClain

Utility System Rate Base Values; Establishes alternative procedure by which PSC may establish rate base value for certain acquired utility systems; requires that approved rate base value be reflected in acquiring utility's next general rate case for ratemaking purposes; establishes procedure for appraisal of acquired utility system; provides contents required for petition to PSC for approval of rate base value of acquired utility system; provides duties of PSC regarding petitions; authorizes PSC to set rates for & classify certain acquired utility systems; requires PSC to take certain factors into consideration for certain rate base value petitions; requires PSC to adopt rules.

Effective Date: 7/1/2023
Last Action: 6/27/2023 - Chapter No. 2023-291
Bill Text: PDF
Senate Committee References:
  1. Fiscal Policy (FP)



Bill History

Date Chamber Action
1/6/2023 House • Filed
1/17/2023 House • Referred to Energy, Communications & Cybersecurity Subcommittee
• Referred to State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Energy, Communications & Cybersecurity Subcommittee
2/8/2023 House • Added to Energy, Communications & Cybersecurity Subcommittee agenda
2/15/2023 House • Favorable with CS by Energy, Communications & Cybersecurity Subcommittee
• Reported out of Energy, Communications & Cybersecurity Subcommittee
• Laid on Table under Rule 7.18(a)
• CS Filed
2/21/2023 House • Original reference removed: State Administration & Technology Appropriations Subcommittee
• Referred to Commerce Committee
• Now in Commerce Committee
3/7/2023 House • 1st Reading (Original Filed Version)
• 1st Reading (Committee Substitute 1)
4/13/2023 House • Added to Commerce Committee agenda
4/18/2023 House • Favorable with CS by Commerce Committee
• Reported out of Commerce Committee
• Laid on Table under Rule 7.18(a)
• CS Filed
4/19/2023 House • Bill referred to House Calendar
• 1st Reading (Committee Substitute 2)
• Added to Second Reading Calendar
4/24/2023 House • Bill added to Special Order Calendar (4/27/2023)
4/27/2023 House • Read 2nd time
• Added to Third Reading Calendar
• Read 3rd time
• CS passed; YEAS 112, NAYS 2
4/27/2023 Senate • In Messages
• Referred to Fiscal Policy
• Withdrawn from Fiscal Policy -SJ 581
• Placed on Calendar, on 2nd reading
• Substituted for CS/SB 194 -SJ 581
• Received
• Read 2nd time -SJ 581
• Read 3rd time -SJ 581
• CS passed; YEAS 37 NAYS 0 -SJ 581
• Reconsidered -SJ 584
• CS passed; YEAS 38 NAYS 0 -SJ 584
4/27/2023 House • In Messages
• Ordered enrolled
6/26/2023 • Signed by Officers and presented to Governor
• Approved by Governor
6/27/2023 • Chapter No. 2023-291