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Senate Public Utilities Committee advances SB103 after adopting amendment on forecasted test‑period cost recovery
Summary
The Senate Public Utilities Committee adopted an amendment to Senate Bill 103 exempting a cost‑recovery mechanism tied to a forecasted test‑period true‑up from the bill's prohibition, then favorably reported the substitute bill to the Committee on Rules and Reference.
The Senate Public Utilities Committee on a voice vote adopted an amendment to Senate Bill 103 that exempts a cost‑recovery mechanism tied to a forecasted test‑period true‑up from the bill's broader prohibition on separate riders or cost‑recovery mechanisms, and then voted to favorably report the substitute bill to the Committee on Rules and Reference.
Vice Chair Reineke moved the committee to adopt “amendment 946” to the substitute bill and explained the amendment "exempts a cost recovery mechanism for a…
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