Bills › 88th General Assembly
Where it is now
- Done: IntroducedFebruary 18, 2020
- Done: SubcommitteeFebruary 18, 2020
- Stopped: Senate committeeDied when the General Assembly ended
- Next: Passes the Senate
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Died when the session ended The 2020 session adjourned on June 14, 2020, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?
What’s in it
AI summary Public utilities would be required to file a specific tariff with the Iowa utilities board before they can automatically change their rates or charges. This change also applies to how companies recover certain transmission costs. The board will create new rules about what information companies must report and how they must show they are working to keep those costs down.1
Read the official explanation
This bill relates to a public utility’s automatic adjustment of rates and charges. Current law provides that Code chapter 476 does not prohibit a public utility from automatically adjusting rates and charges if a schedule showing the automatic adjustment is filed with and approved by the Iowa utilities board. _____ adjustment. Current law also provides that a public utility may automatically adjust its rates and charges to recover transmission costs consistent with a tariff or agreement that is subject to the jurisdiction of the federal energy regulatory commission, if a schedule showing the automatic adjustment is filed with and approved by the board. The bill modifies this provision to provide that a public utility may automatically adjust its rates and charges to recover such costs pursuant to a tariff that is subject to the jurisdiction of and approved by the federal energy regulatory commission, if a tariff showing the automatic adjustment is first filed with and approved by the board. The bill requires the board to adopt rules regarding the required content of the transmission cost automatic adjustment tariff filing and requiring the reporting of transmission expenses incurred by the public utility. The bill also requires the board to adopt rules requiring the reporting of activities undertaken by the public utility to mitigate the costs sought to be recovered through a transmission cost automatic adjustment.
Senate subcommittee
Named February 18, 2020. It hasn’t reported yet.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part