House Bill #7134 (2018)
AN ACT RELATING TO PUBLIC UTILITIES AND CARRIERS -- ELECTRIC GENERATION SERVICE
Requires the public utilities commission to implement a purchase of receivables program where the electric distribution company purchases the receivables of a nonregulated power producer at a discount rate.
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2018-01-12: Introduced, referred to House Corporations
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2018-02-02: Scheduled for hearing and/or consideration (02/06/2018)
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2018-02-06: Committee recommended measure be held for further study
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2018-06-08: Scheduled for consideration
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2018-06-08: Scheduled for consideration (06/12/2018)
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2018-06-12: Committee recommends passage of Sub A
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2018-06-16: Placed on House Calendar (06/19/2018)
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2018-06-19: House passed Sub A
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2018-06-23: Senate passed Sub A in concurrence
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2018-06-23: Placed on Senate Calendar (06/23/2018)
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2018-06-26: Transmitted to Governor
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2018-06-29: Signed by Governor
Changes since original draft
2018 – H 7134- 2018 – H 7134 SUBSTITUTE A
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LC003252- LC003252/SUB A
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- S T A T E O F R H O D E I S L A N D
- IN GENERAL ASSEMBLY
- JANUARY SESSION, A.D. 2018
- ____________
- A N A C T
- RELATING TO PUBLIC UTILITIES AND CARRIERS – ELECTRIC GENERATION
- SERVICE
- Introduced By: Representatives Messier, Morin, Hull, and Azzinaro
- Date Introduced: January 12, 2018
- Referred To: House Corporations
- (Lieutenant Governor)
- It is enacted by the General Assembly as follows:
- SECTION 1. Chapter 39-1 of the General Laws entitled "Public Utilities Commission" is hereby amended by adding thereto the following section:
- 39-1-27.13. Alternative suppliers and purchase of receivables program.
- (a) The general assembly recognizes the importance of competitive choice in electric generation service.
(b) The commission shall implement a purchase of receivables program where the electric distribution company purchases the receivables of a nonregulated power producer at a discount rate which is then offset from the monthly payments the electric distribution company makes to the nonregulated power producer if the commission finds that the benefits of the program to ratepayers would exceed the costs to ratepayers.- (b) The commission may implement a purchase of receivables program where the electric distribution company purchases the receivables of a nonregulated power producer at a discount rate which is then offset from the monthly payments the electric distribution company makes to the nonregulated power producer if the commission finds that the benefits of the program to ratepayers would exceed the costs to ratepayers.
- SECTION 2. This act shall take effect upon passage.
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LC003252- LC003252/SUB A
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EXPLANATION- EXPLANATION
- BY THE LEGISLATIVE COUNCIL
OF- OF
- A N A C T
- RELATING TO PUBLIC UTILITIES AND CARRIERS – ELECTRIC GENERATION
SERVICE- SERVICE
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This act would require the public utilities commission to implement a purchase of receivables program where the electric distribution company purchases the receivables of a nonregulated power producer at a discount rate. This act would take effect upon passage. ======== LC003252 ========- This act would allow the public utilities commission to implement a purchase of receivables program where the electric distribution company purchases the receivables of a nonregulated power producer at a discount rate.
- This act would take effect upon passage. ======== LC003252/SUB A ========
Votes
NOTE: Electronic voting records are unofficial and may not be accurate. For an official vote tally, check the
House or Senate Journal from the day of the vote.
June 19, 2018 at 8:36pm
Yeas: 58 /
Nays: 11 /
Not voting: 6 /
Recused: 0
Floor vote for Passage
In Concurrence
June 23, 2018 at 4:53pm
Yeas: 32 /
Nays: 1 /
Not voting: 4 /
Recused: 0