Bills › 89th General Assembly
HSB 206
Topics:Business & economy
Where it is now
- Done: IntroducedFebruary 15, 2021
- Done: SubcommitteeFebruary 15, 2021
- Done: House committeeFebruary 24, 2021
- Skipped: Passes the HouseContinued as HF 700
- Next: Senate committee
- Next: Passes the Senate
- Next: To the Governor
- Next: Signed into law
Became HF 700 → Its progress continues under the new number. Go to HF 700 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. _____ 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. 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.
Read the full explanation
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.
House subcommittee
Named February 15, 2021. 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
Lobbying
7 for · 4 against · 9 undecided · Who →
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89th General Assembly