House Journal: Page 1026: Monday, April 2, 2001
11 internal references as necessary.
Amendment H-1312 was adopted, placing amendment H-1231 filed
by Osterhaus of Jackson and amendment H-1318 filed by Witt of
Black Hawk out of order.
Chiodo of Polk asked and received unanimous consent to withdraw
amendment H-1254 filed by him on March 20, 2001.
Schrader of Marion offered the following amendment H-1277 filed
by him and moved its adoption:
H-1277
1 Amend House File 577 as follows:
2 1. Page 1, by inserting after line 22 the
3 following:
4 "(4) The contract provides the least-cost, long-
5 term benefit available to the consumer."
6 2. Page 2, by striking lines 13 through 16 and
7 inserting the following:
8 "f. The contract costs or the portion of the
9 contract costs that are required to provide service to
10 the public utility's Iowa retail customers shall be
11 included in the public utility's regulated retail
12 electric rates if the board finds all of the following
13 after a contested case proceeding:
14 (1) The power purchase contract is the least-cost
15 alternative.
16 (2) The contract costs or the portion of the
17 contract costs that are required to provide service to
18 the public utility's Iowa retail customers are not
19 offset by other cost decreases or revenue increases.
20 (3) The resulting return on common equity will not
21 exceed the public utility's actual cost of common
22 equity as determined by the board.
23 The public utility may propose to recover the costs
24 through an automatic adjustment of rates as provided
25 in subsection 11."
Roll call was requested by Schrader of Marion and T. Taylor of
Linn.
On the question "Shall amendment H-1277 be adopted?" (H.F. 577)
The ayes were, 44:
|
Atteberry | Bell | Bukta | Chiodo |
|
Cohoon | Connors | Cormack | Dotzler |
|
|
© 2001 Cornell College and
League of Women Voters of Iowa
Comments about this site or page?
hjourn@legis.iowa.gov.
Please remember that the person listed above does not vote on bills. Direct all comments concerning legislation to State Legislators.
Last update: Tue Apr 3 13:35:00 CDT 2001
URL: /DOCS/GA/79GA/Session.1/HJournal/01000/01026.html
jhf