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2019 SESSION

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(SB1355)

AMENDMENT(S) PROPOSED BY THE SENATE

SEN. WAGNER

    1. At the beginning of line 9, substitute

      insert

        “Carrying cost” means the cost associated with financing expenditures incurred but not yet recovered from the electric utility’s customers, and shall be calculated by applying the electric utility’s weighted average cost of debt and equity capital, as determined by the State Corporation Commission, with no additional margin or profit, to any unrecovered balances.

SEN. WAGNER

    2. Line 94, substitute, after period,

      strike

        including financing costs

      insert

        limited to the under-recovery amount and the carrying cost

SEN. WAGNER

    3. After line 113, substitute

      insert

        § 2. Nothing in this act shall be construed to require additional beneficial reuse of CCR at any active coal-fired electric generation facility if such additional beneficial reuse results in a net increase in truck traffic on the public roads of the locality in which the facility is located as compared to such traffic during calendar year 2018.

SEN. CHASE

    1. After line 113, substitute

      insert

        3. The Commonwealth shall not authorize any cost recovery by an owner or operator subject to the provisions of this act for any fines or civil penalties resulting from violations of federal and state law or regulation.