Bills › 89th General Assembly

HF 700Died when the session ended · February 25, 2021

Relating to rate regulatory proceedings before the utilities board within the utilities division of the department of commerce

Sponsored by the House Commerce Committee

Topics:Business & economyUtility rates

Same legislation: HSB 206, SSB 1215

Where it is now

  1. Done: IntroducedFebruary 15, 2021
  2. Done: SubcommitteeFebruary 15, 2021
  3. Done: House committeeFebruary 24, 2021
  4. Stopped: Passes the HouseDied when the General Assembly ended
  5. Next: Senate committee
  6. Next: Passes the Senate
  7. Next: To the Governor
  8. Next: Signed into law

Died when the session ended The 2022 session adjourned on May 24, 2022, the General Assembly’s last regular session. Bills that didn’t pass both chambers died. What’s a funnel?

What’s in it

This bill relates to rate regulatory proceedings before the utilities board within the utilities division of the department of commerce. The bill prohibits a public utility that utilizes a historic test year in a rate regulatory proceeding from making a subsequent filing of an application for a new or changed rate which relates to services for which a rate filing is pending within months following the date the prior application was filed or until the board has issued a final order on the prior application, whichever date is earlier, unless the public utility applies to the board and receives authority.

Read the full explanation

Additionally, the bill prohibits a public utility that utilizes a future test year in a proceeding from filing an application for a new or changed rate until after the board has issued an order related to the subsequent proceeding unless the public utility applies to the board and receives authority.6.33 may place in effect such temporary rates, charges, schedules, or regulations. The bill prohibits a public utility that utilizes a future test year in a rate regulatory proceeding from proposing the use of multiple future test years in the same proceeding. Current law requires the board to adopt rules that require the board to utilize either a historic test year or a future test year in a rate regulatory proceeding. With respect to proceedings that take place after the effective date of a rate resulting from a proceeding utilizing a future test year, the bill requires the board’s rules to establish filing requirements and standards of reasonableness for determining whether the actual costs and revenues are consistent with those approved by the board. The bill requires the subsequent proceeding to be based on months of data. Additionally, the bill requires the public utility to file the data within days of the end of the 12-month period, and requires the board to issue a final order within 120 days after the public utility files the data.

Full bill text1

House subcommittee

Named February 15, 2021 (as HSB 206). On February 23, 2021 it recommended passage. Vote Total: 3-0.

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

Iowa Code it changes

Amends§476.33§476.6

How the Code works2

Lobbying

7 for · 4 against · 9 undecided · Who →

Family tree

Earlier and later bills are matched by wording or an identical title.

Tried before

This idea has been filed in an earlier General Assembly. None became law, though one got through a chamber.

  • HF 2510 Relating to rate regulatory proceedings before the utilities board within the utilities di…
    88th General Assembly · Passed House · same title
    Passed a chamber

Matched by wording or an identical title.