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S 0924 -
Prohibits a water or sewer utility from receiving a rate of return during a period when the utility didn't provide service
Tracking Level:
Of Interest
Sponsor:
David Climer
Last Action:
1/14/2020 - Senate - Referred to Committee on Judiciary
Senate Committee:
Judy
Assigned To:
Sewer
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Staff Analysis of the Legislation
Summary of the bill as introduced
: Prohibits a water or sewer utility from receiving a rate of return during a period when the utility didn't provide service.
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Session 123 - (2019-2020)
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S 0924 General Bill, By
Climer
Summary:
Water or sewer utility
A BILL TO AMEND SECTION 58-5-710 OF THE 1976 SOUTH CAROLINA CODE OF LAWS SO AS TO PROVIDE THAT A WATER OR SEWER UTILITY SYSTEM THAT FAILED TO PROVIDE SERVICE BECAUSE OF FAILURE TO PLAN FOR REASONABLY FORESEEABLE CIRCUMSTANCES WOULD NOT RECEIVE A RATE OF RETURN FOR THE PERIOD IN WHICH THE UTILITY DID NOT PROVIDE SERVICE, TO PROVIDE THAT THE PUBLIC SERVICE COMMISSION MAY REVIEW AND MODIFY THE UTILITY'S RATE OF RETURN UPON A FINDING OF EGREGIOUS CIRCUMSTANCES BY THE UTILITY FOR FAILURE TO PROVIDE SERVICES, AND TO PROVIDE THAT THE COMMISSION MUST CONSIDER A UTILITY'S HISTORY OF FAILURE TO PROVIDE SERVICE IN DETERMINING THE UTILITY'S RATE OF RETURN IN A PROCEEDING PURSUANT TO SECTION 58-5-240.
View full text
12/11/19
Senate
Prefiled
12/11/19
Senate
Referred to Committee on Judiciary
01/14/20
Senate
Introduced and read first time (
Senate Journal-page 42
)
01/14/20
Senate
Referred to Committee on Judiciary (
Senate Journal-page 42
)
Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299,
mail@masc.sc