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Legislation Document
SPONSOR:
Sen. Hansen
DELAWARE STATE SENATE
153rd GENERAL ASSEMBLY
SENATE AMENDMENT NO. 2
TO
SENATE BILL NO. 60
AMEND Senate Bill No. 60 by deleting lines 10 through 12 and substituting in lieu thereof the following:
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(2) Organizational or membership dues, or other contributions, to any organization, association, institution, corporation, or other entity to the extent that the dues or contributions are used for lobbying or other similar activities intended to influence the outcome of any local, state, or federal legislation, ordinance, resolution, rule, ballot measure, or regulatory decision.
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FURTHER AMEND Senate Bill No. 60 by deleting lines 37 through 40 and substituting in lieu thereof the following:
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(c) For the years 2026 through and including 2028, the Public Service Commission shall not allow an electric distribution company to recover in rates annual capital expenses in excess of $125 million dollars to maintain system reliability, absent emergency or extraordinary circumstances, including an inability to meet, but not exceed, Public Service Commission reliability standards, that require greater capital expenditures by the electric distribution company. The recovery of any capital expenses in excess of the $125 million dollar cap, arising from emergency or extraordinary circumstances, are subject to review and approval by the Public Service Commission, and the application to the Commission must be filed within six months of the incurring of the initial capital expenses sought to be recovered.
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SYNOPSIS
This amendment restricts a public utility from recovering from customers organizational or membership dues but only to the extent that the organization engages in lobbying or similar activities intended to influence the outcome of legislation, rules, ballot measures, or regulatory decisions. With respect to the $125 million dollar cap on annual capital expenses at lines 37 through 40 of the bill, this amendment adds an exception for emergency or extraordinary circumstances, including natural disasters and tariffs, that require the electric distribution company to incur greater capital expenses above the cap.
Author: Senator Hansen