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Senate committee approves bill letting cooperative-owned utility escape KCC rate regulation
Summary
Senators advanced SB 348, which would exempt a not-for-profit, cooperative-owned utility (Southern Pioneer Electric Company) from Kansas Corporation Commission jurisdiction and return certain governance to its parent cooperative; supporters said it corrects an inequitable regulatory burden.
The Committee of the Whole reported SB 348 favorably after Sen. Fagg (Butler) explained the bill would exempt certain nonprofit utilities that are wholly owned subsidiaries of electric cooperatives from Kansas Corporation Commission regulation.
"SB 348 basically enables a Southern Pioneer company, it's a…
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