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.
- Fiscal Policy (FP)
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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• Withdrawn from Fiscal Policy -SJ 581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
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CS/CS/HB 125, Enrolled (Current Bill Version) Posted 4/28/2023 at 8:00 AM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 194 (c1) Utility System Rate Base Values Hooper Identical Last Action: 4/27/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 125 (Ch. 2023-291) -SJ 581 
Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 367.0811 Page 2 (pdf) -
CS/CS/HB 125, Committee Substitute 2 Posted 4/18/2023 at 6:11 PM
Bill Text: PDF Analyses: None Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 194 (c1) Utility System Rate Base Values Hooper Identical Last Action: 4/27/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 125 (Ch. 2023-291) -SJ 581
Floor Votes (3)
Date Chamber Result 4/27/2023 2:52 PM House 112 Yeas - 2 Nays 4/27/2023 6:05 PM Senate 37 Yeas - 0 Nays 4/27/2023 6:48 PM Senate 38 Yeas - 0 Nays Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 367.0811 Page 2 (pdf) -
CS/HB 125, Committee Substitute 1 Posted 2/15/2023 at 4:29 PM
Bill Text: PDF Analyses: Commerce Committee (Post-Meeting) 4/18/2023 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 194 (c1) Utility System Rate Base Values Hooper Similar Last Action: 4/27/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 125 (Ch. 2023-291) -SJ 581
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 562745 - Strike All Amendment
Remove everything after the enacting clause and insert:McClain 4/14/2023
5:48 PMAdopted without Objection
4/18/2023PDF Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 367.0811 Page 1 (pdf) -
HB 125, Original Filed Version Posted 1/6/2023 at 10:40 AM
Bill Text: PDF Analyses: Energy, Communications & Cybersecurity Subcommittee (Post-Meeting) 6/28/2023 (pdf)
Related Bills (1)
Bill Number Subject Filed By Relationship Last Action and Location Track Bills S 194 Utility System Rate Base Values Hooper Identical Last Action: 4/27/2023 S Laid on Table, companion bill(s) passed, see CS/CS/HB 125 (Ch. 2023-291) -SJ 581
Committee Amendments (1)
Amendment Sponsor Filed Last Committee Action Format 908735 - Amendment
Remove lines 85-99 and insert:McClain 2/14/2023
5:04 PMAdopted without Objection
2/15/2023PDF Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 367.0811 Page 1 (pdf)