SB 1080
Creates provisions relating to workforce development investments of public utilities
Sponsor:
LR Number:
5266S.01I
Last Action:
4/13/2022 - SCS Voted Do Pass S Commerce, Consumer Protection, Energy and the Environment Committee (5266S.02C)
Journal Page:
Title:
Calendar Position:
Effective Date:
August 28, 2022

Current Bill Summary

SCS/SB 1080 - This act requires the Public Service Commission to permit electrical corporations and gas corporations to recover workforce development investments, as such term is defined in the act.

An electrical or gas corporation shall be entitled to defer to a regulatory asset such corporation's workforce development investments made between August 28, 2022, and December 31, 2032, up to .55% of the corporation's total operating revenues as reported to the Commission for calendar year 2021.

JAMIE ANDREWS

Amendments

No Amendments Found.