| Synopsis: | Allowing a gas company to recover costs associated with infrastructure replacement projects through a gas infrastructure replacement surcharge on customer bills; requiring project cost calculations to include specified elements; specifying how the pretax rate of return is calculated and adjusted and what it includes; stating that the intent of the General Assembly is to accelerate infrastructure improvements by establishing a mechanism for gas companies to recover reasonable and prudent costs of infrastructure replacement; etc. |
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| Analysis: | Fiscal and Policy Note (Revised) |
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| All Sponsors: | Delegates Barkley, Barnes, Burns, Clagett, Davis, Feldman, Haddaway-Riccio, Hershey, Impallaria, Ivey, Jameson, Kaiser, Love, Luedtke, McDermott, W. Miller, Minnick, Reznik, S. Robinson, Rudolph, Schulz, Summers, Vaughn, and Zucker |
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| Additional Facts: | Cross-filed with: SB0008 Introduced in a prior session as: HB0662 Session: 2012 Regular Session Bill File Type: Regular Effective Date(s): June 1, 2013 |
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| Committee(s): | |
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| Broad Subject(s): | Utility Regulation
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| Narrow Subject(s): | Fees -see also- Attys' Fees; Devt Fees & Taxes; Reimb Rates Hearings Prices -see also- Consumer Price Index Public Service Commission Utilities -see also- High Voltage Lines; Telephones; Water
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| Statutes: | Article - Public Utilities
(4-210) |
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