House File 2510 H-8122 Amend House File 2510 as follows: 1 1. Page 1, after line 20 by inserting: 2 < Sec. ___. Section 476.6, Code 2020, is amended by adding 3 the following new subsections: 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 NEW SUBSECTION . 23. Proposed rate increase —— public 16 input. Notwithstanding any other provision of law to the 17 contrary, upon the initiation of a formal proceeding to 18 evaluate a rate-regulated public utility’s application for a 19 proposed rate increase, the board shall solicit input from 20 customers and other interested members of the public regarding 21 the proposed rate increase. The board shall consider such 22 public input as part of its decision to approve, modify, or 23 reject the proposed rate increase. > 24 2. By renumbering as necessary. 25 ______________________________ RUNNING-MARQUARDT of Linn -1- HF2510.3610 (1) 88 ja/rn 1/ 1 #1. #2.