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House File 617 - EnrolledAn Actrelating to Iowa utilities board review of specified
provisions and utility ratemaking procedures.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
Section 1. IOWA UTILITIES BOARD REVIEW.
1. The utilities board shall initiate and coordinate
an independent review of current Iowa Code provisions and
ratemaking procedures. The review shall take into account
the policy objectives of ensuring safe, adequate, reliable,
and affordable utility services provided at rates that are
nondiscriminatory, just, reasonable, and based on the utility’s
cost of providing service to its customers within the state.
The review shall include all of the following:
a. An evaluation of the adequacy of current ratemaking law
and procedure to promote the policy objectives described in
this subsection.
b. Identification of possible changes in law or procedure
that might better advance the policy objectives described in
this subsection.
c. Recommendations for changes in law and administrative
rules.
d. Identification of ratemaking laws and procedures of
other states that, if adopted in Iowa, could enhance the
competitiveness of utility rates in Iowa as compared with
utility rates in other jurisdictions.
2. The consumer advocate division of the department
of justice shall, and rate-regulated utilities and other
interested persons may, participate in the review. The board
may utilize additional services to assist in the coordination
of the review and preparation of the report. The board shall
submit a report with findings and recommendations to the
general assembly by January 1, 2024.
______________________________
PAT GRASSLEYSpeaker of the House______________________________
AMY SINCLAIRPresident of the Senate I hereby certify that this bill originated in the House and is known as House File 617, Ninetieth General Assembly.______________________________
MEGHAN NELSONChief Clerk of the HouseApproved _______________, 2023______________________________
KIM REYNOLDSGovernores/rn/md
provisions and utility ratemaking procedures.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
Section 1. IOWA UTILITIES BOARD REVIEW.
1. The utilities board shall initiate and coordinate
an independent review of current Iowa Code provisions and
ratemaking procedures. The review shall take into account
the policy objectives of ensuring safe, adequate, reliable,
and affordable utility services provided at rates that are
nondiscriminatory, just, reasonable, and based on the utility’s
cost of providing service to its customers within the state.
The review shall include all of the following:
a. An evaluation of the adequacy of current ratemaking law
and procedure to promote the policy objectives described in
this subsection.
b. Identification of possible changes in law or procedure
that might better advance the policy objectives described in
this subsection.
c. Recommendations for changes in law and administrative
rules.
d. Identification of ratemaking laws and procedures of
other states that, if adopted in Iowa, could enhance the
competitiveness of utility rates in Iowa as compared with
utility rates in other jurisdictions.
2. The consumer advocate division of the department
of justice shall, and rate-regulated utilities and other
interested persons may, participate in the review. The board
may utilize additional services to assist in the coordination
of the review and preparation of the report. The board shall
submit a report with findings and recommendations to the
general assembly by January 1, 2024.
______________________________
PAT GRASSLEYSpeaker of the House______________________________
AMY SINCLAIRPresident of the Senate I hereby certify that this bill originated in the House and is known as House File 617, Ninetieth General Assembly.______________________________
MEGHAN NELSONChief Clerk of the HouseApproved _______________, 2023______________________________
KIM REYNOLDSGovernores/rn/md