Text: H08288 Text: H08290 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Amend the amendment, H-8210, to Senate File 429, as 1 2 amended, passed, and reprinted by the Senate, as 1 3 follows: 1 4 #1. Page 2, line 15, by striking the word "ninety" 1 5 and inserting the following: "one hundred eighty". 1 6 #2. Page 2, line 16, by striking the words "or 1 7 more extensions in thirty-day increments" and 1 8 inserting the following: "extension of sixty days". 1 9 #3. Page 2, line 17, by striking the words "one 1 10 hundred eighty" and inserting the following: "two 1 11 hundred forty". 1 12 #4. Page 2, by inserting after line 28 the 1 13 following: 1 14 "Sec. . Section 476.97, subsection 11, Code 1 15 2001, is amended by adding the following new 1 16 paragraphs: 1 17 NEW PARAGRAPH. j. Upon the request of a local 1 18 exchange carrier, the board shall, when required by 1 19 this subsection, grant the carrier temporary authority 1 20 to place in effect seventy-five percent, or such 1 21 lesser amount as the carrier may request, of the 1 22 requested increases in rates, charges, schedules, or 1 23 regulations by filing with the board a bond 1 24 conditioned upon the refund in a manner to be 1 25 prescribed by the board of any amounts collected from 1 26 any customer class in excess of the amounts which 1 27 would have been collected under rates, charges, 1 28 schedules, or regulations finally approved by the 1 29 board. The board shall approve a request for 1 30 temporary authority within thirty days after the date 1 31 of filing of the request. The decision shall be 1 32 effective immediately. 1 33 The board shall determine the rate of interest to 1 34 be paid by a public utility to persons receiving 1 35 refunds. The interest rate to be applied to refunds 1 36 of moneys collected subject to refund under this 1 37 subsection is one percent per annum plus the average 1 38 quarterly interest rate at commercial banks for 1 39 twenty-four-month loans for personal expenditures, as 1 40 determined by the board, compounded annually. The 1 41 board shall consider federal reserve statistical 1 42 release G.19 or its equivalent when determining 1 43 interest to be paid under this subsection. 1 44 NEW PARAGRAPH. k. The board and the consumer 1 45 advocate may employ additional temporary staff, or may 1 46 contract for professional services with persons who 1 47 are not state employees, as the board and consumer 1 48 advocate deem necessary to review a local exchange 1 49 carrier's operations, proposal for modifications, rate 1 50 change proposal, or proposed changes in aggregate 2 1 revenue weighted prices pursuant to this subsection. 2 2 Beginning July 1, 2002, there is appropriated out of 2 3 any funds in the state treasury not otherwise 2 4 appropriated, such sums as may be necessary to enable 2 5 the board to hire additional staff and contract for 2 6 services under this subsection. The costs of the 2 7 additional staff and services shall be assessed to the 2 8 local exchange carrier pursuant to the procedures in 2 9 sections 475A.6 and 476.10." 2 10 #5. Page 2, line 33, by inserting after the word 2 11 "rates," the following: "making an appropriation,". 2 12 #6. By renumbering, redesignating, and correcting 2 13 internal references as necessary. 2 14 2 15 2 16 2 17 DIX of Butler 2 18 SF 429.318 79 2 19 jj/cf
Text: H08288 Text: H08290 Text: H08200 - H08299 Text: H Index Bills and Amendments: General Index Bill History: General Index
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