House File 617 S-3140 Amend House File 617, as passed by the House, as follows: 1 1. By striking everything after the enacting clause and 2 inserting: 3 < Section 1. IOWA UTILITIES BOARD REVIEW. 4 1. The utilities board shall initiate and coordinate 5 an independent review of current Iowa Code provisions and 6 ratemaking procedures. The review shall take into account 7 the policy objectives of ensuring safe, adequate, reliable, 8 and affordable utility services provided at rates that are 9 nondiscriminatory, just, reasonable, and based on the utility’s 10 cost of providing service to its customers within the state. 11 The review shall include all of the following: 12 a. An evaluation of the adequacy of current ratemaking law 13 and procedure to promote the policy objectives described in 14 this subsection. 15 b. Identification of possible changes in law or procedure 16 that might better advance the policy objectives described in 17 this subsection. 18 c. Recommendations for changes in law and administrative 19 rules. 20 2. The consumer advocate division of the department 21 of justice shall, and rate-regulated utilities and other 22 interested persons may, participate in the review. The board 23 may utilize additional services to assist in the coordination 24 of the review and preparation of the report. The board shall 25 submit a report with findings and recommendations to the 26 general assembly by January 1, 2024. > 27 ______________________________ WAYLON BROWN -1- HF 617.1777 (2) 90 es/rn 1/ 1 #1.