2006 Regular Session

SENATE BILL 1099

File Code: Utility Regulation
Sponsored By:
Senator Pipkin
Entitled:
Constellation Energy Group, Inc., and Baltimore Gas and Electric Company - Return of Transition Costs

Synopsis:

Prohibiting a specified merger between FPL Group, Inc., and Constellation Energy Group, Inc., from occurring and prohibiting Baltimore Gas and Electric Company (BGE) from increasing specified electricity rates until Constellation Energy returns a specified amount of money in transition costs to BGE; requiring BGE to use specified transition costs to reduce a specified increase in specified electricity rates; etc.

History by Legislative Date

Senate Action
3/22
First Reading Finance
Motion Rules Suspended for late introduction (Senator Pipkin) Adopted
Motion Rules Suspended Referred (Senator Pipkin) Adopted
Referred Finance
3/23
Hearing 3/28 at 1:00 p.m.
3/27
Hearing cancelled
Hearing 3/27 at 6:00 p.m.
3/29
Favorable Report by Finance
3/27
Favorable Report Adopted
Second Reading Passed
3/28
Third Reading Passed (42-5)
3/29
Returned Passed
House Action
3/28
First Reading Economic Matters
3/31
Favorable Report by Economic Matters
3/29
Favorable Report Adopted
Floor Amendment (Delegate Miller) Rejected (25-110)
Floor Amendment (Delegate Miller) Rejected (22-111)
Floor Amendment (Delegate Miller)
Motion vote previous question (Delegate Moe) Adopted
Floor Amendment (Delegate Miller) Rejected
Floor Amendment (Delegate Miller)
Motion vote previous question (Delegate Moe) Adopted
Floor Amendment (Delegate Miller) Rejected (31-102)
Floor Amendment (Delegate Miller)
Motion vote previous question (Delegate Vaughn) Adopted
Floor Amendment (Delegate Miller) Rejected (32-102)
Second Reading Passed
3/30
Third Reading Passed (110-25)
Action after passage in Senate and House
4/8
Governor vetoed - Policy

Bill indexed under the following Subjects:

MERGERS AND ACQUISITIONS
PRICES -see also- CONSUMER PRICE INDEX
UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statute:

Public Utility Companies
( 7-518 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled
Fiscal Note (Displayed in PDF Format): Available
Amendments (Displayed in WordPerfect 8 Format):
House
Number: 083726/02 (PDF)     Offered on: March 31, 2006   at: 11:14 a.m.     Status: Rejected
Number: 273128/02 (PDF)     Offered on: March 31, 2006   at: 10:50 a.m.     Status: Rejected
Number: 753224/02 (PDF)     Offered on: March 31, 2006   at: 11:07 a.m.     Status: Rejected
Number: 793721/02 (PDF)     Offered on: March 31, 2006   at: 10:55 a.m.     Status: Rejected
Number: 813326/02 (PDF)     Offered on: March 31, 2006   at: 10:44 a.m.     Status: Rejected
Roll Call Votes (Legislative dates are shown):
Senate
March 28, 2006: Third Reading Passed (42-5)
House
March 29, 2006: Floor Amendment (Miller) {813326/2 Rejected (25-110)
March 29, 2006: Floor Amendment (Miller) {273128/2 Rejected (22-111)
March 29, 2006: Floor Amendment (Miller) Rejected (31-102)
March 29, 2006: Floor Amendment (Miller) Rejected (32-102)
March 30, 2006: Third Reading Passed (110-25)
March 30, 2006: Third Reading Passed (110-25)