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Glossary of Legislative Terms

CS/SB 354: Florida Public Service Commission

GENERAL BILL by Regulated Industries ; Gaetz

Florida Public Service Commission; Revising the membership of the Florida Public Service Commission; requiring that orders issued by the commission contain adequate support for any conclusions made by the commission; requiring the commission to keep the allowable return on equity for public utilities close to the risk-free rate of return and require that upward deviations away from the risk-free rate be specifically justified by the public utility seeking a tariff modification; requiring that improvements included in certain transmission and distribution storm protection plans have forecasted customer benefits exceeding their forecasted cost, etc.

Effective Date: 7/1/2025
 Last Action: 3/18/2025 Senate - CS by Regulated Industries read 1st time
Bill Text: Web Page | PDF
Senate Committee References:
  1. Regulated Industries (RI)
  2. Appropriations Committee on Agriculture, Environment, and General Government (AEG)
  3. Fiscal Policy (FP)


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Bill History

Date Chamber Action
1/27/2025 Senate • Filed
2/3/2025 Senate • Referred to Regulated Industries; Appropriations Committee on Agriculture, Environment, and General Government; Fiscal Policy
3/4/2025 Senate • Introduced
3/7/2025 Senate • On Committee agenda-- Regulated Industries, 03/12/25, 8:30 am, 412 Knott Building
3/12/2025 Senate • CS by Regulated Industries; YEAS 5 NAYS 2
3/14/2025 Senate • Pending reference review under Rule 4.7(2) - (Committee Substitute)
• Now in Appropriations Committee on Agriculture, Environment, and General Government
3/18/2025 Senate • CS by Regulated Industries read 1st time