Bill Text: IA SF533 | 2023-2024 | 90th General Assembly | Introduced
Bill Title: A bill for an act relating to rate increase notice requirements for public utilities.(Formerly SSB 1178.)
Spectrum: Committee Bill
Status: (Introduced - Dead) 2023-03-21 - Withdrawn. S.J. 642. [SF533 Detail]
Download: Iowa-2023-SF533-Introduced.html
Senate
File
533
-
Introduced
SENATE
FILE
533
BY
COMMITTEE
ON
COMMERCE
(SUCCESSOR
TO
SSB
1178)
A
BILL
FOR
An
Act
relating
to
rate
increase
notice
requirements
for
public
1
utilities.
2
BE
IT
ENACTED
BY
THE
GENERAL
ASSEMBLY
OF
THE
STATE
OF
IOWA:
3
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S.F.
533
Section
1.
Section
476.6,
subsection
2,
Code
2023,
is
1
amended
to
read
as
follows:
2
2.
Written
notice
of
increase.
All
public
utilities,
3
except
those
exempted
from
rate
regulation
by
section
476.1
4
and
telecommunications
service
providers
registered
pursuant
5
to
section
476.95A
,
shall
give
written
notice
of
a
proposed
6
increase
of
any
rate
or
charge
to
all
affected
customers
7
served
by
the
public
utility
no
more
than
sixty-two
thirty
8
days
prior
to
the
time
the
application
for
the
increase
is
9
filed
with
the
board.
Public
utilities
exempted
from
rate
10
regulation
by
section
476.1
,
except
telecommunications
service
11
providers
registered
pursuant
to
section
476.95A
,
shall
give
12
written
notice
of
a
proposed
increase
of
any
rate
or
charge
to
13
all
affected
customers
served
by
the
public
utility
at
least
14
thirty
days
prior
to
the
effective
date
of
the
increase.
If
15
the
public
utility
is
subject
to
rate
regulation,
the
written
16
notice
to
affected
customers
shall
also
include
an
estimate
of
17
the
total
bill
impact
on
a
typical
customer
in
each
affected
18
customer
class,
provide
a
general
explanation
of
the
board’s
19
rate
increase
review
process,
and
state
that
the
customer
has
a
20
right
to
file
a
written
objection
to
the
rate
increase
and
that
21
the
affected
customers
may
request
the
board
to
hold
a
public
22
hearing
to
determine
if
the
rate
increase
should
be
allowed.
23
The
board
shall
prescribe
the
manner
and
method
that
the
24
written
notice
to
each
affected
customer
of
the
public
utility
25
shall
be
served
in
the
manner
in
which
the
customer
elects
to
26
receive
bills
and
other
communications
from
the
public
utility
.
27
EXPLANATION
28
The
inclusion
of
this
explanation
does
not
constitute
agreement
with
29
the
explanation’s
substance
by
the
members
of
the
general
assembly.
30
This
bill
relates
to
rate
increase
notice
requirements
for
31
public
utilities.
32
The
bill
modifies
the
date
specified
public
utilities
33
shall
notify
their
customers
of
a
proposed
rate
or
charge
34
increase
from
62
to
30
days
before
the
public
utility
files
an
35
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S.F.
533
application
with
the
Iowa
utilities
board
for
the
proposed
rate
1
or
charge
increase.
The
bill
provides
that
a
notice
relating
2
to
rate
increase
information
shall
include
an
estimate
of
the
3
bill
impact
for
a
typical
customer,
an
explanation
of
the
Iowa
4
utilities
board’s
rate
increase
review
process,
and
that
the
5
customer
has
a
right
to
file
an
objection
and
request
a
public
6
hearing.
The
bill
provides
that
written
notice
of
the
increase
7
shall
be
delivered
in
the
same
method
that
the
customer
elects
8
to
receive
bills
and
other
communications
from
the
utility.
9
The
bill
removes
the
requirement
that
the
Iowa
utilities
board
10
prescribe
the
manner
and
method
that
the
notice
is
to
be
11
served.
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