HB 497 Optional performance-based regulation of gas utilities.
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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

Status:
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)