House File 355 H-1113 Amend House File 355 as follows: 1 1. Page 2, after line 21 by inserting: 2 < Sec. ___. Section 476.6, Code 2019, is amended by adding 3 the following new subsection: 4 NEW SUBSECTION . 22. Rate base increase —— proposed rate 5 increase filings —— limits. 6 a. Notwithstanding any provision of law to the contrary, 7 the board shall not approve a proposed rate base increase for a 8 rate-regulated public utility which exceeds three percent of 9 the public utility’s approved rate base for the previous year. 10 b. Notwithstanding any provision of law to the contrary, 11 the board shall prohibit a rate-regulated public utility from 12 filing more than one application for a proposed rate increase 13 in a single year or filing an application for a proposed rate 14 increase which proposes multiple-year rate increases. > 15 2. By renumbering as necessary. 16 ______________________________ RUNNING-MARQUARDT of Linn -1- HF355.1483 (2) 88 gh/rn 1/ 1 #1. #2.