995069                                                     
GENERAL APPROPRIATIONS BILL                          Committee       Amendment
SB1500                                                  AGG              27


Senator(s) Latvala, Legg, Brandes, and Simpson moved the following 
amendment:

Section: 06              EXPLANATION:

On Page: 340             Requires the Public Service Commission to perform a 
                         comprehensive review of the continuing prudency, 
Spec App:                cost effectiveness and need of any proposed nuclear 
                         power plant for which cost recovery has been 
                         authorized.

NET IMPACT ON:            Total Funds       General Revenue          Trust Funds
    Recurring -                    0                     0                    0 
Non-Recurring -                    0                     0                    0 
______________________________________________________________________________________

                                               Positions & Amount   Positions & Amount
                                                     DELETE         INSERT

        PUBLIC SERVICE COMMISSION
        Program: Utility Regulation And Consumer 
        Assistance
        Utility Regulation  61030100

        In Section 06  On Page 340

Insert proviso immediately preceding Specific Appropriation 2967:

From the funds provided in Specific Appropriations 2967 through 2973, 
the Public Service Commission shall perform a comprehensive review of 
the continuing prudency, cost effectiveness and need of any proposed 
nuclear power plant for which cost recovery under section 366.93, 
Florida Statutes, has been authorized if the currently anticipated 
inservice date for the plant has been extended more than six years 
beyond its original proposed inservice date and if the most recent 
estimate of the plant's total cost has increased by more than 50 percent 
of the original cost estimate for the plant. In making this 
determination, the commission must consider all relevant factors, 
including but not limited to, the utility's need for that plant, 
technology and fuel choices, applicable federal and state licensing and 
permitting factors, and near and long-term cost to its ratepayers. Based 
on its review, the commission shall determine whether to authorize for 
recovery under section 366.93, Florida Statutes, any new or future costs 
for which cost recovery has not already been authorized. Such review 

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shall commence on or before July 1, 2013, and shall be complete by 
February 1, 2014.

















































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