SB 140
Creates provisions relating to workforce development investments of public utilities
LR Number:
Last Action:
5/12/2023 - Informal Calendar S Bills for Perfection
Journal Page:
SCS SB 140
Effective Date:
August 28, 2023

Current Bill Summary

SCS/SB 140 - 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, 2023 and December 31, 2033, up to .55% of such corporations’ total operating revenues as reported to the Commission for calendar year 2021.

This act is substantially similar to HB 874 (2023) and SCS/SB 1080 (2022).



No Amendments Found.