SF0179 - Utility rate adjustments-electric.
|
2001 |
State of Wyoming |
01LSO-0594 |
SENATE FILE NO. SF0179
Utility rate adjustments-electric.
Sponsored by: Senator(s) Kinnison, Boggs, Devin, Hanes,
Harris, Hinchey,
Job, Massie, Mockler, Peck,
Schiffer, Scott,
Sessions and Vasey and
Representative(s)
Anderson, R., Sadler and
Tomassi
A BILL
for
1 AN
ACT relating to utilities; establishing an earmarked
2
revenue fund account for relief of electric consumers as
3
specified; providing for deposits of certain sales and use
4
taxes into the account as specified; providing for
5
expenditures from the account as specified; providing
6
rulemaking authority; providing repealers; and providing
7 for
an effective date.
8
9 Be It Enacted by the Legislature of the State of Wyoming:
10
11 Section
1.
W.S. 37-3-106 by creating a new subsection
12 (g), 39-15-111 by creating a new
subsection (p) and
13 39-16-111 by creating a new
subsection (p) are amended to
14 read:
15
Page 1
1 37-3-106. Temporary suspension of
rates; burden of
2 proof; notice of rate changes;
bonding; refunding of
3 amounts collected in
excess of final rates.
4
5 (g) Any commodity rate
increase approved by the
6 commission after January 1, 2000 for
an electric public
7 utility under W.S. 37-1-101(a)(vi)(C)
shall be offset by
8 the commission from the funds in the
electric consumer
9 adjustment account established under
W.S. 39-15-111(p) to
10 reduce
the increase paid by residential and commercial
11 customers
on bills to be paid by the customers during the
12 period
of November 1 through March 31 to the extent of
13 funds
in the account. The commission shall adopt rules to
14 implement
this subsection, including, but not limited to,
15 rules
requiring affected utilities to state on customers'
16 bills
the reduction resulting from this subsection and W.S.
17 39-15-111(p)
and 39-16-111(p). This subsection shall not
18 apply
to a person receiving the low income energy
19 assistance
program public welfare benefit as defined under
20 W.S.
42-2-102(a)(vii)(D). This subsection is repealed
21 effective
April 1, 2003 and any rules promulgated by the
22 public
service commission under authority of this
23 subsection
shall have no effect on that date.
24
Page 2
1 39-15-111. Distribution.
2
3 (p) There is
established within the earmarked revenue
4 fund an account to be known as the
electric consumer
5 adjustment account. Notwithstanding
subsections (b) and (g)
6 of this section, the tax collected
under W.S. 39-15-104(a)
7 and (b) and imposed under W.S. 39-15-103(a)(i)(E)
and paid
8 to an electric public utility as
defined under W.S.
9 37-1-101(a)(vi)(C) shall be deposited
into the electric
10 consumer
adjustment account. The department of revenue
11 shall
adopt rules to implement this subsection. This
12 subsection
is repealed effective April 1, 2003 and any
13 rules
promulgated by the department of revenue under
14 authority
of this subsection shall have no effect on that
15 date.
16
17 39-16-111. Distribution.
18
19 (p) Notwithstanding subsections (b) and (g) of this
20 section,
the tax collected under W.S. 39-16-104(a) and (b)
21 and
imposed under W.S. 39-16-103 on the purchase price paid
22 to
public utilities as defined in W.S. 37-1-101 through
23 37-3-114
and to persons furnishing electric for domestic,
24 industrial
or commercial consumption and paid to an
Page 3
1 electric public utility as defined under W.S.
2 37-1-101(a)(vi)(C) shall be deposited
into the electric
3 consumer adjustment account
established under W.S.
4 39-15-111(p). The department of
revenue shall adopt rules
5 to implement this subsection. This
subsection is repealed
6 effective April 1, 2003 and any rules
promulgated by the
7 department of revenue under authority
of this subsection
8 shall have no effect on that date.
9
10 Section 2. This act is effective immediately upon
11 completion of all acts necessary for a bill
to become law
12 as provided by Article 4, Section 8 of the
Wyoming
13 Constitution.
14
15 (END)
Page 4