Bill Summary for S 429 (2019-2020)

Summary date: 

Mar 28 2019

Bill Information:

View NCGA Bill Details2019-2020 Session
Senate Bill 429 (Public) Filed Thursday, March 28, 2019
AN ACT TO ENACT THE 2019 DISASTER RECOVERY ACT CONSISTENT WITH THE PROVISIONS OF HOUSE BILL 966 OF THE 2019 REGULAR SESSION AND TO APPROPRIATE FUNDS.
Intro. by Newton.

View: All Summaries for BillTracking:

Bill summary

Enacts GS 62-133.12A, authorizing the Utilities Commission (Commission) to adopt, implement, modify, or eliminate a rate adjustment mechanism for one or more of the water and wastewater company's rate schedules to track and true-up variations in average per customer usage from levels approved in the general rate case proceeding under GS 62-133. Allows the Commission to adopt a rate adjustment mechanism only upon finding the mechanism is appropriate as specified and is in the public interest.

© 2021 School of Government The University of North Carolina at Chapel Hill

This work is copyrighted and subject to "fair use" as permitted by federal copyright law. No portion of this publication may be reproduced or transmitted in any form or by any means without the express written permission of the publisher. Distribution by third parties is prohibited. Prohibited distribution includes, but is not limited to, posting, e-mailing, faxing, archiving in a public database, installing on intranets or servers, and redistributing via a computer network or in printed form. Unauthorized use or reproduction may result in legal action against the unauthorized user.

Printer-friendly: Click to view