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Minutes for HB2527 - Committee on Energy, Utilities and Telecommunications
Short Title
Establishing cost recovery mechanisms for public utilities that construct certain electric generation facilities, revising the determination of rate base, capital structure and return on equity in utility rate proceedings and revising the provision of economic development electric rates.
Minutes Content for Tue, Mar 5, 2024
Chairman Delperdang called for final action on HB2527.
Nick Myers provided an overview of the bill and responded to questions from the committee.
The chair asked committee for amendments.
Representative Turner presented a balloon amendment that Evergy, Kansas Corporation Commission, Kansans for Lower Rates, Citizens Utility Ratepayer Board, Kansas Chamber, Kansas Sierra Club and other parties had agreed to. (Attachment3)
Representative Turner moved to adopt the amendment, seconded by Representative Ohaebosim. Motion carried. Representatives Carmichael, Melton, Schlingensiepen and Ohaebosim requested their "aye" votes be recorded.
The chair asked committee for further discussion.
Representative Neighbor made a motion to favorably pass out HB2527 as amended, seconded by Representative Williams. Motion carried. Representatives Carmichael, Melton, Schlingensiepen and Ohaebosim requested their "aye" votes be recorded.
The chair adjourned the meeting at 10:52am