H-8124

   Amend House File 2510 as follows:
   1.  Page 1, after line 20 by inserting: 
   <Sec. ___.  Section 476.6, subsection 15, paragraph a, subparagraph (2), Code 2020, is amended to read as follows:
   (2)  Gas and electric utilities required to be rate-regulated under this chapter may request an energy efficiency plan or demand response plan modification during the course of a five-year plan. A modification may be requested due to changes in funding as a result of public utility customers requesting exemptions from the plan or for any other reason identified by the gas or electric utility. The board shall take action on a modification request made by a gas or electric utility within ninety days after the modification request is filed. If the board fails to take action within ninety days after a modification request is filed, the modification request shall be deemed approved.
   Sec. ___.  Section 476.6, subsection 15, paragraph c, subparagraph (4), Code 2020, is amended to read as follows:
   (4)  The board shall approve, reject, or modify a plan filed pursuant to this subsection no later than March 31, 2019. If the board fails to approve, reject, or modify a plan filed by a gas or electric utility on or before such date, any plan filed by the gas or electric utility that was approved by the board prior to May 4, 2018, shall be terminated. The board shall not require or allow a gas or electric utility to implement an energy efficiency plan or demand response plan that does not meet the requirements of this subsection.
   Sec. ___.  Section 476.6, Code 2020, is amended by adding the following new subsection:
   NEW SUBSECTION.  22.  Board action on filings —— cost of living rate cap.  Notwithstanding any other provision of law to the contrary, the board shall not be required to take action on any filing under this chapter within a specific time period and shall be allotted any time period which the board determines is reasonably necessary and appropriate to make a final determination on such filing. Upon the review of any requested change in rate for a rate-regulated public utility and prior to the board’s final determination, the rate-regulated public utility shall maintain a rate which does not exceed a current cost of living rate as determined by the board.>
   2.  Title page, by striking lines 1 through 3 and inserting <An Act relating to matters under the purview of the utilities division of the department of commerce.>
   3.  By renumbering as necessary.

______________________________
BRECKENRIDGE of Jasper