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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 Last Action: 5/3/2025 Senate - Indefinitely postponed and withdrawn from consideration
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
    5/3/2025 Senate • Indefinitely postponed and withdrawn from consideration

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  • CS/SB 354, Committee Substitute 1 (Current Bill Version) Posted 3/14/2025 at 8:34 AM

    Bill Text:   Web Page | PDF
    Analyses:   None

    Related Bills (1)

    Bill Number Subject Filed By Relationship Last Action and Location Track Bills
    H 1319 Jurisdiction of the Public Service Commission Relating to Water and Wastewater Systems Andrade Compare Last Action: 5/3/2025 H Indefinitely postponed and withdrawn from consideration Track This Bill

    Citations - Statutes (12)

    Citation Catchline Location in Bill Location In Bill Help
    288.0655 Rural Infrastructure Fund. Page 12 (pdf)
    350.01 Florida Public Service Commission; terms of commissioners; vacancies; election and duties of chair; quorum; proceedings; public records and public meetings exemptions. Page 3 (pdf)
    350.129 Page 3 (pdf)
    366.06 Rates; procedure for fixing and changing. Page 4 (pdf)
    366.07 Rates; adjustment. Page 4 (pdf)
    366.077 Page 5 (pdf)
    366.96 Storm protection plan cost recovery. Page 7 (pdf)
    367.021 Definitions. Page 8 (pdf)
    367.022 Exemptions. Page 9 (pdf)
    367.24 Page 9 (pdf)
    377.814 Municipal Solid Waste-to-Energy Program. Page 14 (pdf)
    624.105 Waiver of customer liability. Page 14 (pdf)

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  • SB 354, Original Filed Version Posted 1/27/2025 at 8:44 AM

    Bill Text:   Web Page | PDF
    Analyses:   Regulated Industries (Pre-Meeting) 3/11/2025 (pdf)
    Regulated Industries (Post-Meeting) 3/13/2025 (pdf)

    Committee Amendments (3)

    Amendment Sponsor Filed Last Committee Action Format
    444212 - Amendment (Delete All)
    Delete everything after the enacting clause and insert:     		Regulated Industries
    (Gaetz)     		3/10/2025
    5:48 PM     		Replaced by Substitute Amendment
    3/20/2025     		Web Page
    PDF
    hierarchy 559828 - Substitute Amendment (Delete All) (444212)
    Delete everything after the enacting clause and insert:     		Regulated Industries
    (Gaetz)     		3/11/2025
    3:35 PM     		Withdrawn
    3/20/2025     		Web Page
    PDF
    hierarchy 948904 - Substitute Amendment (Delete All) (444212)
    Delete everything after the enacting clause and insert:     		Regulated Industries
    (Gaetz)     		3/11/2025
    7:10 PM     		Replaced by Committee Substitute
    3/20/2025     		Web Page
    PDF

    Committee Votes (1)

    Date Committee Result
    3/12/2025 8:30 AM Regulated Industries 5 Yeas - 2 Nays

    Citations - Statutes (8)

    Citation Catchline Location in Bill Location In Bill Help
    350.01 Florida Public Service Commission; terms of commissioners; vacancies; election and duties of chair; quorum; proceedings; public records and public meetings exemptions. Page 1 (pdf)
    366.06 Rates; procedure for fixing and changing. Page 2 (pdf)
    366.81 Legislative findings and intent. Page 3 (pdf)
    366.82 Definition; goals; plans; programs; annual reports; energy audits. Page 4 (pdf)
    366.8255 Environmental cost recovery. Page 6 (pdf)
    366.8260 Storm-recovery financing. Page 6 (pdf)
    366.95 Financing for certain nuclear generating asset retirement or abandonment costs. Page 12 (pdf)
    553.975 Report to the Governor and Legislature. Page 18 (pdf)

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