House File 355 H-1111 Amend House File 355 as follows: 1 1. Page 2, after line 21 by inserting: 2 < Sec. ___. Section 476.6, subsection 8, Code 2019, is 3 amended by adding the following new paragraph: 4 NEW PARAGRAPH . c. A rate-regulated public utility that 5 automatically adjusts rates or charges to increase consumer 6 costs shall be subjected to a random audit by the board or the 7 office of the consumer advocate and shall report to the board 8 and the office of the consumer advocate all of the following 9 information: 10 (1) The total amount of profits on the utility’s investment 11 returns. 12 (2) An explanation regarding how such increase in consumer 13 costs will be spent or invested by the utility. 14 (3) The total amount of moneys used by the utility for 15 funding weatherization assistance programs and other customer 16 assistance programs. > 17 2. By renumbering as necessary. 18 ______________________________ HUNTER of Polk -1- HF355.1474 (1) 88 gh/rn 1/ 1 #1. #2.