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Minutes for HB2527 - Committee on Utilities
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 Wed, Mar 20, 2024
The Chair opened the discussion on HB2527.
Nick Myers gave a brief review of the bill.
Senator Petersen offered an amendment on HB2527.(Attachment 1)
Nick Myers gave a overview of the amendment.
Senator Petersen made a motion to accept the amendment as presented, seconded by Senator Thompson.The motion carried.
Senator Francisco offered a conceptual amendment that would allow the Revisor to change a word on page 3 line 9 from 'all' to 'any'.
Senator Francisco made a motion to accept the amendment as presented, seconded by Senator Thompson. The motion carried.
Senator Petersen made a motion to pass HB2527 as amended, seconded by Senator Warren. The motion carried.
Senator Francisco made a motion to accept the committee minutes from February 29, March 5, 6. 7, 12, 13, 14 and 18 as written, seconded by Senator Thompson. The motion carried.
The Chair thanked the committee members, staff, and those in attendance for their work this session.
Meeting adjourned at 1:52.
