HLS 19RS-845 ORIGINAL 2019 Regular Session HOUSE BILL NO. 461 BY REPRESENTATIVE PYLANT Prefiled pursuant to Article III, Section 2(A)(4)(b)(i) of the Constitution of Louisiana. UTILITY/ELEC COOPS: Provides for the jurisdiction of the Public Service Commission with respect to electricity cooperatives 1 AN ACT 2To amend and reenact R.S. 12:426(A), relative to electricity cooperatives; to provide with 3 respect to the jurisdiction of the Public Service Commission; and to provide for 4 related matters. 5Be it enacted by the Legislature of Louisiana: 6 Section 1. R.S. 12:426(A) is hereby amended and reenacted to read as follows: 7 ยง426. Jurisdiction of the Public Service Commission 8 A. Cooperatives transacting business in this state pursuant to this Part shall 9 not be subject to the jurisdiction and control of the Public Service Commission 10 except as provided in R.S. 45:1163 and Subsections B and C of this Section. 11 * * * DIGEST The digest printed below was prepared by House Legislative Services. It constitutes no part of the legislative instrument. The keyword, one-liner, abstract, and digest do not constitute part of the law or proof or indicia of legislative intent. [R.S. 1:13(B) and 24:177(E)] HB 461 Original 2019 Regular Session Pylant Abstract: Provides with respect to the jurisdiction of the Public Service Commission as it relates to electricity cooperatives. Present law provides that cooperatives that transact business in the state shall not be subject to the jurisdiction of the Public Service Commission (PSC) except as it relates to the authority to regulate rates and unless the members hold a referendum election to determine otherwise pursuant to present law. Page 1 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions. HLS 19RS-845 ORIGINAL HB NO. 461 Proposed law changes present law by providing that cooperatives transacting business in the state shall be subject to the jurisdiction of the PSC except as it relates to the authority to regulate rates and unless the members hold a referendum election to determine otherwise pursuant to present law. Present law provides that a petition of at least ten percent of the members of an electric cooperation is necessary in order to hold a referendum election to determine whether the electric cooperative shall be subject to the jurisdiction of the PSC. Proposed law retains present law. (Amends R.S. 12:426(A)) Page 2 of 2 CODING: Words in struck through type are deletions from existing law; words underscored are additions.