HB 2291 Electric utilities; costs of modifications to nuclear generation facilities.
Terry G. Kilgore | all patrons    ...    notes
| add to my profiles

Summary as passed: (all summaries)

Electric utilities; costs of modifications to nuclear generation facilities. Authorizes an investor-owned electric utility to petition the State Corporation Commission for approval of a rate adjustment clause for recovery of the costs of a system or equipment upgrade, system or equipment replacement, or other cost reasonably appropriate to extend the combined operating license for, or the operating life of, nuclear generation facilities. The measure limits the scope of the requirement that a utility demonstrate that it has considered and weighed alternative options, including third-party market alternatives, in its selection process to certain new generation facilities. The measure provides that a utility's costs incurred in extending the combined operating license for, or the operating life of, a nuclear generation facility, which costs are prudently incurred prior to the Commission's entry of a final order on the petition, shall be deferred on the books and records of the utility until the later of the entry of a final order in the proceeding or until the implementation of any applicable approved rate adjustment clauses. The measure prohibits a utility, prior to January 1, 2020, from recovering through a rate adjustment clause certain costs related to extensions of the combined operating license for or the operating life of a nuclear generation facility. An enactment clause provides that costs recovered through the utility's rates for generation and distribution services as of January 1, 2017, that are associated with a utility's existing nuclear generation facilities are not recoverable through a specified rate adjustment clause.

Full text:
01/11/17  House: Presented and ordered printed 17103327D  pdf | impact statement
01/24/17  House: Printed as engrossed 17103327D-E  pdf | impact statement
02/23/17  House: Bill text as passed House and Senate (HB2291ER)  pdf | impact statement
03/16/17  Governor: Acts of Assembly Chapter text (CHAP0564)  pdf

Amendments:
House amendments
Senate amendments
Senate amendments engrossed

Status:
01/11/17  House: Presented and ordered printed 17103327D
01/11/17  House: Referred to Committee on Commerce and Labor
01/19/17  House: Reported from Commerce and Labor with amendment (19-Y 0-N)
01/23/17  House: Read first time
01/24/17  House: Read second time
01/24/17  House: Committee amendment agreed to
01/24/17  House: Engrossed by House as amended HB2291E
01/24/17  House: Printed as engrossed 17103327D-E
01/25/17  House: Passed by for the day
01/26/17  House: Read third time and passed House (93-Y 3-N 2-A)
01/26/17  House: VOTE: PASSAGE (93-Y 3-N 2-A)
01/27/17  Senate: Constitutional reading dispensed
01/27/17  Senate: Referred to Committee on Commerce and Labor
02/13/17  Senate: Reported from Commerce and Labor (14-Y 0-N)
02/15/17  Senate: Constitutional reading dispensed (40-Y 0-N)
02/16/17  Senate: Read third time
02/16/17  Senate: Reading of amendment waived
02/16/17  Senate: Amendment by Senator Wagner agreed to
02/16/17  Senate: Engrossed by Senate as amended
02/16/17  Senate: Passed Senate with amendment (37-Y 3-N)
02/20/17  House: Placed on Calendar
02/20/17  House: Senate amendment agreed to by House (92-Y 1-N 2-A)
02/20/17  House: VOTE: ADOPTION (92-Y 1-N 2-A)
02/23/17  House: Enrolled
02/23/17  House: Bill text as passed House and Senate (HB2291ER)
02/23/17  House: Signed by Speaker
02/24/17  Senate: Signed by President
02/28/17  House: Enrolled Bill communicated to Governor on 2/28/17
02/28/17  Governor: Governor's Action Deadline Midnight, March 27, 2017
03/16/17  Governor: Approved by Governor-Chapter 564 (effective 7/1/17)
03/16/17  Governor: Acts of Assembly Chapter text (CHAP0564)