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1996 SESSION

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HB 497 Optional performance-based regulation of gas utilities.

Introduced by: Clifton A. Woodrum | all patrons    ...    notes | add to my profiles

SUMMARY:

Performance-based regulation of gas utilities. Authorizes the State Corporation Commission to approve an application from a gas utility to implement a form of rate regulation proposed by the gas utility (replacing the form of regulation required under § 56-235.2) if the SCC finds that the performance-based ratemaking methodology (i) preserves adequate service, (ii) does not unreasonably prejudice or disadvantage any class of customers, (iii) provides incentives for improved performance, (iv) results in rates that are not excessive and (v) is in the public interest.

FULL TEXT

• 01/18/96  House: Presented & ordered printed 960638492  pdf
• 02/08/96  House: Committee substitute printed 967709492-H1  pdf
• 03/07/96  House: Bill text as passed House and Senate (HB497ER)  pdf
• 03/28/96  Governor: Acts of Assembly Chapter text (CHAP0350)  pdf

AMENDMENTS

• Senate amendments

HISTORY

• 01/18/96  House: Presented & ordered printed 960638492
• 01/18/96  House: Referred to Committee on Corporations, Insurance and Banking
• 02/08/96  House: Reported from C. I. B. w/sub. (22-Y 0-N)
• 02/08/96  House: Committee substitute printed 967709492-H1
• 02/09/96  House: Read first time
• 02/10/96  House: Read second time
• 02/10/96  House: Committee substitute agreed to 967709492-H1
• 02/10/96  House: Engrossed by House - com. sub. 967709492-H1
• 02/12/96  House: Read third time and passed House (99-Y 0-N)
• 02/12/96  House: VOTE: PASSAGE (99-Y 0-N)
• 02/12/96  House: Communicated to Senate
• 02/13/96  Senate: Read first time
• 02/13/96  Senate: Referred to Committee on Commerce and Labor
• 02/19/96  Senate: Reported from Commerce and Labor (15-Y 0-N)
• 02/20/96  Senate: Constitutional reading dispensed (40-Y 0-N)
• 02/20/96  Senate: VOTE: CONST. READING DISPENSED (40-Y 0-N)
• 02/21/96  Senate: Read third time
• 02/21/96  Senate: Reading of amendments waived
• 02/21/96  Senate: Amendments by Mr. Colgan agreed to
• 02/21/96  Senate: Engrossed by Senate as amended
• 02/21/96  Senate: Passed Senate with amendments (40-Y 0-N)
• 02/21/96  Senate: VOTE: PASSAGE (40-Y 0-N)
• 02/22/96  House: Placed on Calendar
• 02/23/96  House: Senate amendments agreed to by House (96-Y 1-N)
• 02/23/96  House: VOTE: ADOPTION (96-Y 1-N)
• 03/07/96  House: Bill text as passed House and Senate (HB497ER)
• 03/11/96  House: Enrolled
• 03/11/96  House: Signed by Speaker
• 03/11/96  Senate: Signed by President
• 03/22/96  Governor: Approved by Governor-Chapter 350 (effective 7/1/96)
• 03/28/96  Governor: Acts of Assembly Chapter text (CHAP0350)