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ACROSS SESSIONS
- Subject Index: Since 1995
- Bills & Resolutions: Since 1994
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Developed and maintained by the Division of Legislative Automated Systems.
2008 SESSION
SB 145 Natural gas utilities; recovery of funds for capital projects.
Introduced by: Walter A. Stosch | all patrons ... notes | add to my profiles
SUMMARY AS PASSED: (all summaries)
Natural gas utilities; recovery of capital costs. Establishes a mechanism for a natural gas utility that places a strategic natural gas facility into service on or after July 1, 2008, to recover the entire prudently incurred costs of the facility from the time construction is completed and the asset is placed in service until the State Corporation Commission establishes new rates. Recovery of these costs, which include an allowance for funds used during construction, shall be permitted by allowing the costs to be recorded in the utility's plant accounts and included in rate base for purposes of cost recovery in new rate schedules, in a rate base using the cost of service methodology, or in a performance-based regulation plan. Recovery shall be subject to Commission determination that the costs were prudently incurred. The measure neither authorizes nor denies the recovery of costs submitted to the Commission prior to January 1, 2008, where such costs were the subject of a final order that determined whether the costs were prudently incurred and provided for their accounting and ratemaking treatment.
FULL TEXT
- 01/04/08 Senate: Prefiled and ordered printed; offered 01/09/08 084619332 pdf | impact statement
- 02/05/08 Senate: Committee substitute printed 080141332-S1 pdf | impact statement
- 02/29/08 House: Committee substitute printed 089571332-H1 pdf | impact statement
- 03/08/08 Senate: Bill text as passed Senate and House (SB145ER) pdf | impact statement
- 04/23/08 Senate: Reenrolled bill text (SB145ER2) pdf
- 04/23/08 Governor: Acts of Assembly Chapter text (CHAP0867) pdf
AMENDMENTS
HISTORY
- 01/04/08 Senate: Prefiled and ordered printed; offered 01/09/08 084619332
- 01/04/08 Senate: Referred to Committee on Commerce and Labor
- 01/22/08 Senate: Assigned C&L sub: Utilities
- 02/04/08 Senate: Reported from Commerce and Labor with substitute (14-Y 0-N)
- 02/05/08 Senate: Committee substitute printed 080141332-S1
- 02/06/08 Senate: Constitutional reading dispensed (39-Y 0-N)
- 02/07/08 Senate: Read second time
- 02/07/08 Senate: Reading of substitute waived
- 02/07/08 Senate: Committee substitute agreed to 080141332-S1
- 02/07/08 Senate: Engrossed by Senate - committee substitute SB145S1
- 02/08/08 Senate: Read third time and passed Senate (39-Y 0-N 1-A)
- 02/08/08 Senate: Communicated to House
- 02/13/08 House: Placed on Calendar
- 02/13/08 House: Read first time
- 02/13/08 House: Referred to Committee on Commerce and Labor
- 02/14/08 House: Assigned C & L sub: 1
- 02/28/08 House: Reported from Commerce and Labor with substitute (20-Y 1-N)
- 02/29/08 House: Committee substitute printed 089571332-H1
- 03/03/08 House: Read second time
- 03/04/08 House: Read third time
- 03/04/08 House: Committee substitute agreed to 089571332-H1
- 03/04/08 House: Engrossed by House - committee substitute SB145H1
- 03/04/08 House: Passed House with substitute (94-Y 4-N)
- 03/04/08 House: VOTE: --- PASSAGE (94-Y 4-N)
- 03/04/08 House: Reconsideration of House passage agreed to by House
- 03/04/08 House: Passed House with substitute (91-Y 7-N)
- 03/04/08 House: VOTE: --- PASSAGE #2 (91-Y 7-N)
- 03/05/08 Senate: House substitute agreed to by Senate (39-Y 0-N 1-A)
- 03/08/08 Senate: Enrolled
- 03/08/08 Senate: Bill text as passed Senate and House (SB145ER)
- 03/08/08 House: Signed by Speaker
- 03/11/08 Senate: Signed by President
- 04/11/08 Senate: Governor's recommendation received by Senate
- 04/22/08 Senate: Placed on Calendar
- 04/23/08 Senate: Senate concurred in Governor's recommendation (38-Y 0-N 1-A)
- 04/23/08 House: House concurred in Governor's recommendation (96-Y 1-N)
- 04/23/08 House: VOTE: --- ADOPTION (96-Y 1-N)
- 04/23/08 Governor: Governor's recommendation adopted
- 04/23/08 Senate: Reenrolled
- 04/23/08 Senate: Reenrolled bill text (SB145ER2)
- 04/23/08 Senate: Signed by President as reenrolled
- 04/23/08 House: Signed by Speaker as reenrolled
- 04/23/08 Governor: Approved by Governor-Chapter 867 (effective 7/1/08)
- 04/23/08 Governor: Acts of Assembly Chapter text (CHAP0867)