Oklahoma 2022 2022 Regular Session

Oklahoma House Bill HB2112 Introduced / Bill

Filed 01/21/2021

                     
 
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STATE OF OKLAHOMA 
 
1st Session of the 58th Legislature (2021) 
 
HOUSE BILL 2112 	By: Turner 
 
 
 
 
 
AS INTRODUCED 
 
An Act relating to the Corporation Commission; 
requiring promulgation of certain rules and 
procedures; requiring electric utility compani es to 
bury certain lines underground; allowing for 
application for rate adjustment to recover costs and 
expenditures; providing for codification; and 
providing an effective date . 
 
 
 
 
 
BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA: 
SECTION 1.     NEW LAW     A new section of law to be codified 
in the Oklahoma Statutes as Section 294 of Title 17, unless there is 
created a duplication in numbering, reads as follows: 
The Corporation Commission shall promulgate rules and procedures 
requiring electric utilities operating in this state to replace all 
existing distribution and transmission overhead wires, power poles 
and associated overhead structures with subterranean power lines. 
The rules and procedures shall require all future projects 
necessitate the installation of subterranean power lines. The rules 
and procedures shall contain provisions allowing the electric 
utility, subject to rate regulation by the Corporation Commission ,   
 
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to file an application seeking Commission authorizatio n to make 
capital expenditures for necessary equipment or facilities and to 
adjust its rates to recover the costs of expenditures to comply with 
the requirements of this section. 
SECTION 2.  This act shall become effective November 1, 2021. 
 
58-1-6469 JBH 12/28/20