Clarifies that adjustments linked to premium interest rates for high yield credit are just and reasonable. Authorizes the Public Utilities Commission to include these incremental adjustments to the rate for electricity generated from nonfossil fuels. (SD1)
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More on this bill
Where it stands
Introduced
2Passed Senate
3Passed House
4To Governor
5Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Feb 3Reported from EIG (Stand. Com. Rep. No. 4) with recommendation of passage on Second Reading, as amended (SD 1) and referral to CPN.Latest
Feb 3Report adopted; Passed Second Reading, as amended (SD 1) and referred to CPN.Minor
Jan 28The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. The votes in EIG were as follows: 3 Aye(s): Senator(s) Wakai, Richards, Fevella; Aye(s) with reservations: none ; 0 No(es): none; and 2 Excused: Senator(s) Chang, DeCoite.Minor
Vote recorded The committee(s) on EIG recommend(s) that the measure be PASSED, WITH AMENDMENTS. Result: pass.Upper
Jan 24The committee(s) on EIG has scheduled a public hearing on 01-28-25 3:15PM; Conference Room 016 & Videoconference.