HF 617: Relating to Iowa utilities board review of specified provisions and utility ratemaking procedures

What it does

This bill relates to the review by the Iowa utilities board (board) of specified provisions and utility ratemaking procedures. The bill provides that the board shall conduct an independent review of current Iowa Code provisions and ratemaking procedures to determine whether revised provisions and different procedures would result in more cost-effective rates that reflect a utility’s cost of providing service to its customers in the state. The consumer advocate, rate-regulated utilities, and other interested persons shall participate in the review. The board may utilize additional services to assist with the review and report. The board shall submit a report with findings and recommendations to the general assembly by January 1, 2024.

Senate subcommittee · named March 14, 2023

• Sen. Waylon Brown (R)
• Sen. Eric Giddens (D)
• Sen. Mike Klimesh (R) · mike.klimesh@legis.iowa.gov

Lobbying · 4 for, 0 against

For: Future Energy Iowa; Iowa Business Energy Coalition (IBEC); Iowa Solar Energy Trade Association; Truckstops of Iowa

In plain words

1. March 3, 2023Filed in the House
2. March 9, 2023Passed the House, 96–0
3. March 13, 2023Arrived in the Senate
4. March 14, 2023Senate subcommittee named: Brown, Giddens and Klimesh
5. March 15, 2023Subcommittee recommended passing it with changes
6. March 21, 2023Approved by the Senate committee
7. April 20, 2023Passed the Senate, 49–0
8. May 1, 2023Passed the House, 94–0
9. May 9, 2023Sent to the Governor
10. June 1, 2023Signed into law