HB2709--ELECTRICALCORPORATIONS
SPONSOR: Bromley
Thisbillrequireselectricalcorporations,gascorporations,sewer
corporations,andwatercorporationstodefertoaregulatoryasset
orliabilityaccountanydifferenceinstateorlocalpropertytax
expensesactuallyincurred,andthoseonwhichtherevenue
requirementusedtosetratesinthecorporation'smostrecently
completedgeneralrateproceedingwasbased.Theregulatoryasset
orliabilityaccountbalancesmustbeincludedintherevenue
requirementusedtosetratesthroughanamortizationovera
reasonableperiodoftimeinsuchcorporation'ssubsequentgeneral
rateproceedings,withoutanyoffset.
ThisbillisthesameasSCSSB745(2022).