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CS/SB 1238: Utility Investments in Gas Reserves

GENERAL BILL by Rules ; Bean

Utility Investments in Gas Reserves; Revising the jurisdiction of the Public Service Commission over public utilities to include the approval of cost recovery for certain gas reserve investments; requiring each public utility to file with the commission a comparison of all gas reserve projects entered into on behalf of the utility and any affiliate or subsidiary of the parent company as part of its risk management plan; requiring the use of a third-party auditor for audits of associated transactions for a gas reserve project, etc.

Effective Date: 7/1/2017
Last Action: 5/5/2017 Senate - Died on Calendar
Bill Text: Web Page | PDF
Senate Committee References:
  1. Communications, Energy, and Public Utilities (CU)
  2. Rules (RC)



Bill History

Date Chamber Action
2/24/2017 Senate • Filed
3/6/2017 Senate • Referred to Communications, Energy, and Public Utilities; Rules -SJ 130
3/7/2017 Senate • Introduced -SJ 130
3/9/2017 Senate • On Committee agenda-- Communications, Energy, and Public Utilities, 03/14/17, 2:30 pm, 301 Senate Office Building
3/14/2017 Senate • Favorable by Communications, Energy, and Public Utilities; YEAS 8 NAYS 0 -SJ 181
• Now in Rules -SJ 181
4/12/2017 Senate • On Committee agenda-- Rules, 04/12/17, 5:00 pm, 110 Senate Office Building --Temporarily Postponed
4/19/2017 Senate • On Committee agenda-- Rules, 04/19/17, 4:00 pm, 110 Senate Office Building --Temporarily Postponed
4/20/2017 Senate • On Committee agenda-- Rules, 04/25/17, 2:00 pm, 110 Senate Office Building
4/25/2017 Senate • CS by- Rules; YEAS 7 NAYS 3 -SJ 478
4/26/2017 Senate • Pending reference review -under Rule 4.7(2) - (Committee Substitute)
• CS by Rules read 1st time -SJ 482
4/27/2017 Senate • Placed on Calendar, on 2nd reading -SJ 478
• Placed on Special Order Calendar, 04/28/17
4/28/2017 Senate • Read 2nd time -SJ 541
• Amendment(s) adopted (968298) -SJ 541
• Ordered engrossed -SJ 541
• Placed on 3rd reading
5/5/2017 Senate • Indefinitely postponed and withdrawn from consideration
• Died on Calendar