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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