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HB0098 • 2005

Public service commission-nontraditional rate making.

AN ACT relating to the public service commission; providing a time limitation for nontraditional rate making as specified; amending obsolete language; and providing for an effective date.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor
Representative Cohee
Last action
2005-02-26
Official status
enrolled
Effective date
7/1/2005

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Amendments

These notes stay tied to the official amendment files and metadata from the legislature.

HB0098HS001

Standing Committee • H07

Adopted, Corrected

Plain English: Adopted, Corrected Standing Committee by H07

  • This amendment summary is using official source text because generated interpretation was skipped for this run.
  • The official amendment text was available, but an easy plain-English summary could not be produced automatically during the last sync.

Bill History

  1. 2005-02-26 LSO

    Assigned Chapter Number - 154

  2. 2005-02-26 Governor

    Governor Signed HEA0087

  3. 2005-02-25 Senate

    S President Signed HEA No. 0087

  4. 2005-02-25 House

    H Speaker Signed HEA No. 0087

  5. 2005-02-24 LSO

    Assigned Number HEA0087

  6. 2005-02-24 Senate

    S Passed 3rd Reading

  7. 2005-02-23 Senate

    S Passed 2nd Reading

  8. 2005-02-22 Senate

    S Passed CoW

  9. 2005-02-08 Senate

    S Placed on General File

  10. 2005-02-08 Senate

    S07 Recommended Do Pass

  11. 2005-01-28 Senate

    S Introduced and Referred to S07

  12. 2005-01-25 Senate

    S Received for Introduction

  13. 2005-01-21 House

    H Passed 3rd Reading

  14. 2005-01-20 House

    H Passed 2nd Reading

  15. 2005-01-19 House

    H Passed CoW

  16. 2005-01-19 House

    Amendment Adopted

  17. 2005-01-19 House

    H Amendments Adopted

  18. 2005-01-19 House

    H Placed on General File

  19. 2005-01-19 House

    H07 Recommended Amend and Do Pass

  20. 2005-01-14 House

    H Introduced and Referred to H07

  21. 2005-01-11 House

    H Received for Introduction

  22. 2005-01-04 LSO

    Bill Number Assigned

Official Summary Text

2005 General Session Summary for HB0098

Bill
No.:
HB0098
Drafter:

JHR

LSO
No.:
05LSO-0463
Effective Date:

7/1/2005

Enrolled
Act No.:
HEA0087

Chapter
No.:
154

Prime
Sponsor:
Representative Cohee

Catch
Title:
Public service commission-nontraditional rate making.

Subject:
Provides a
time limit for nontraditional rate making as specified.

Summary/Major
Elements:

Under current law, if, after
hearing and investigation, the Public Service Commission finds a rate to be
inadequate or unremunerative, unjust, unreasonable or unjustly discriminatory,
the Commission may fix and substitute a rate it determines to be just and
reasonable for a time to be fixed at the discretion of the Commission.

This bill allows the Commission to fix and substitute a rate it
determines to be just and reasonable for a rate that it finds to be otherwise
for an initial period of 6 months, which rate may be extended for an additional
period or periods, not to exceed a total of 3 months.

Current Bill Text

Read the full stored bill text 
WORKING DRAFT

ORIGINAL HOUSE

BILL

NO.
0098

ENROLLED ACT NO. 87, HOUSE OF REPRESENTATIVES

FIFTY-EIGHTH LEGISLATURE OF THE STATE OF WYOMING
2005 GENERAL SESSION

AN ACT relating to the public service commission; providing a time limitation for nontraditional rate making as specified; amending obsolete language; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1.
W.S. 37
‑
2
‑
121 is amended to read:

37-2-121.

When rate to be changed by commission; nontraditional rate making.

If upon hearing and investigation, any rate shall be found by the commission to be inadequate or unremunerative, or to be unjust, or unreasonable, or unjustly discriminatory, or unduly preferential or otherwise in any respect in violation of any provision of this act, the commission
, within the time periods provided under W.S. 37
‑
3
‑
106(c)
may fix and order substituted therefor
such
a
rate as it shall determine to be just and reasonable
,
and in compliance with the provisions of this act.
Such
The
rate so ascertained, determined and fixed by the commission shall be charged, enforced, collected and observed by the public utility for the period of time fixed by the commission. The rates may contain provisions for incentives for improvement of the public utility's performance or efficiency, lowering of operating costs, control of expenses or improvement and upgrading or modernization of its services or facilities. Any public utility may apply to the commission for its consent to use innovative, incentive or nontraditional rate making methods. In conducting any investigation and holding any hearing in response thereto, the commission may consider and approve proposals which include any rate, service regulation, rate setting concept, economic development rate, service concept, nondiscriminatory revenue sharing or profit-sharing form of regulation and policy, including policies for the encouragement of the development of public utility infrastructure, services, facilities or plant within the state, which can be shown by substantial evidence to support and be consistent with the public interest.

Section 2.
This act is effective July 1, 2005.

(END)

Speaker of the House

President of the Senate

Governor

TIME APPROVED: _________

DATE APPROVED: _________

I hereby certify that this act originated in the House.

Chief Clerk

1