KY HB778 | 2022 | Regular Session
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on March 1 2022 - 25% progression, died in committee
Action: 2022-03-01 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 1 2022 - 25% progression, died in committee
Action: 2022-03-01 - to Committee on Committees (H)
Pending: House Committee On Committees Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Amend KRS 278.220 to allow an electric utility to amortize a regulatory asset without approval from the commission to defer recovery of expenses for coal, natural gas, or replacement power if the deferral lowers customer bills; require the amortization of the expense to be no more than 12 months from the date the regulatory asset is established; require the electric utility to inform the commission when a regulatory asset is established and provide the reason for its creation and accounting for the asset; allow overages or under-recovery to be placed on customer bills through refund or additional charge at the time of the electric utility's next rate case or 2-year review of the fuel adjustment clause.
Title
AN ACT relating to public utilities.
Sponsors
Rep. Josh Bray [R] |
History
Date | Chamber | Action |
---|---|---|
2022-03-01 | House | to Committee on Committees (H) |
2022-03-01 | House | introduced in House |
Subjects
Kentucky State Sources
Type | Source |
---|---|
Summary | https://apps.legislature.ky.gov/record/22RS/hb778.html |
Text | https://apps.legislature.ky.gov/recorddocuments/bill/22RS/hb778/orig_bill.pdf |