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ENGROSSED HOUSE
BILL NO. 3150 By: West (Kevin) of the House
and
Jett of the Senate
An Act relating to regulated utilities; requiring the
Oklahoma Corporation Co mmission to post certain
report on its website; detailing information posted
report shall contain; providing for codification; and
providing an effective date.
BE IT ENACTED BY THE PEOPLE OF T HE STATE OF OKLAHOMA:
SECTION 1. NEW LAW A new section of law to be codified
in the Oklahoma Statutes as Section 9082 of Title 74, unless there
is created a duplication in numbering, reads as follows:
For regulated utility entities doing business in this state and
subject to the February 2021 Regulated Utility Consumer Protection
Act, the Oklahoma Corporation Commission sh all make available
through posting to its public website, a report on any audits or
true-ups performed under Section 9074 or 9078 of Title 74 of the
Oklahoma Statutes. The report shall include, but shall not be
limited to, the following:
1. Total amount of the original securitization bond ;
2. Annual interest rate on the sec uritization bond;
3. Total annual interest expense paid;
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4. Total interest expense paid to da te;
5. Total annual revenue collected per the utility tariff;
6. Total revenue collecte d to date per the utility tariff;
7. Remaining repayment term and outstanding principal bal ance;
and
8. Any other information deemed appropriate by the Oklahoma
Corporation Commission.
SECTION 2. This act shall become effective November 1, 2022.
Passed the House of Representatives the 14th day of March, 2022.
Presiding Officer of the House
of Representatives
Passed the Senate the ___ day of __________, 2022.
Presiding Officer of the Senate