Enrolled Senate Bill (S)

DIGEST

System integrity adjustments. Provides that an eligible water or wastewater utility may petition the utility regulatory commission (commission) to charge a system integrity adjustment to recover or credit an adjustment amount based on the eligible utility's revenues. Provides that a the commission, after a hearing, shall approve a properly calculated system integrity adjustment. Provides that a utility may collect a system integrity adjustment until the earlier of: (1) 48 months after the date on which the utility is allowed to begin collecting the system integrity adjustment; or (2) the date on which the commission issues an order in the utility's System integrity adjustments. Provides that an eligible water or wastewater utility may petition the utility regulatory commission (commission) to charge a system integrity adjustment to recover or credit an adjustment amount based on the eligible utility's revenues. Provides that a the commission, after a hearing, shall approve a properly calculated system integrity adjustment. Provides that a utility may collect a system integrity adjustment until the earlier of: (1) 48 months after the date on which the utility is allowed to begin collecting the system integrity adjustment; or (2) the date on which the commission issues an order in the utility's next general rate case proceeding. Requires the commission to adopt rules concerning system integrity adjustment proceedings. Makes a technical correction. ... View more