South CarolinaStorm Damage Recovery
What it does
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 58-27-1105, RELATING TO DEFINITIONS, SO AS TO DEFINE "QUALIFIED INDEPENDENT THIRD PARTY" AND TO ALLOW AN ELECTRICAL UTILITY TO INCLUDE STORM RECOVERY COSTS FOR HURRICANE HELENE IN ITS COST OF CAPITAL FROM THE DATE OF THE STORM THROUGH THE ISSUANCE OF STORM RECOVERY BONDS; AND BY AMENDING SECTION 58-27-1110, RELATING TO THE PETITION FOR FINANCING ORDER AND REQUIREMENTS, SO AS TO ALLOW AN ELECTRICAL UTILITY TO DEFER THE REVIEW AND APPROVAL OF A FINANCING ORDER, AND PROVIDE FOR THE PARTICIPATION OF A QUALIFIED INDEPENDENT THIRD PARTY RETAINED BY THE PUBLIC SERVICE COMMISSION. - RATIFIED TITLE
Where do you stand?
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Where it stands
- Introduced
- Passed 1st Chamber
- Passed 2nd Chamber
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2025
- Mar 19Act No. 2Latest
- Mar 19Effective date 03/13/25
- Mar 13Signed By Governor Henry McMasterBecame Law
- Mar 11Ratified R 7
- Mar 11Read third time and enrolledTo Governor
- Mar 10Scrivener's error corrected
- Vote recorded Passage of Bill. Result: pass.Lower
- Mar 10Roll call Yeas-101 Nays-0
- Mar 10Read second timeMinor
- Mar 6Introduced, placed on calendar without referenceMinor
- Mar 5Read third time and sent to HousePassed 1st Chamber
- Mar 5Scrivener's error corrected
- Mar 4Roll call Ayes-41 Nays-0
- Vote recorded 2nd Reading. Result: pass.Upper
- Mar 4Read second timeMinor
- Mar 4AmendedMajor
- Feb 25Scrivener's error corrected
- Feb 19Committee report: Favorable JudiciaryMinor
- Jan 17Scrivener's error corrected
- Jan 16Referred to Subcommittee: Rankin (ch), Campsen, Massey, Adams, Devine, Elliott, Ott
- Jan 14Referred to Committee on JudiciaryMinor
- Jan 14Introduced and read first timeIntroduced