HCS/HB 473 - Currently, gas corporations may petition the Public Service Commission to establish or change an infrastructure system replacement surcharge (IRSRS). The Commission may not approve an ISRS if it produces total annualized revenues of more than 10% of the gas corporation's base revenue over a three year period. This act modifies this provision to 15% of the gas corporation's base revenue over a five year period. This act contains an emergency clause.
This act is similar to the truly agreed and finally passed SCS/SB 240 (2013).
KAYLA CRIDER