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April 13, 2024
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HB 2527

AN ACT concerning public utilities; relating to the state corporation commission; authorizing public utilities to defer to a regulatory asset and recover depreciation expenses relating to certain rate base additions; establishing a cap on such cost recovery and limiting the time that such cost recovery may be implemented by a public utility; authorizing new economic development electric rates for large facilities; limiting the time that such economic development rates for large facilities may be implemented by a public utility; prohibiting any revenue lost through the implementation of economic development rates from being imputed into the electric public utility's revenue requirement; authorizing a rate adjustment mechanism for the construction of new gas-fired electric generating facilities; limiting the time that such rate adjustment mechanism may be implemented by a public utility; extending the timeline for the commission to make a determination of ratemaking principles and treatment prior to a public utility constructing or acquiring a stake in an electric generation or transmission facility; establishing procedural requirements to support the timely completion of such proceedings; amending K.S.A. 2023 Supp. 66-101j and 66-1239 and repealing the existing sections.

(printable version)

Senate - Conference Committee Report was adopted; - 04/03/2024

On roll call the vote was:

Yea - (33):

Alley, Bowers, Claeys, Corson, Dietrich, Doll, Erickson, Fagg, Faust-Goudeau, Francisco, Gossage, Holland, Holscher, Kerschen, Kloos, Longbine, Masterson, McGinn, O'Shea, Olson, Peck, Petersen, Pettey, Pittman, Pyle, Reddi, Shallenburger, Straub, Sykes, Thompson, Ware, Warren, Wilborn,

Nay - (2):

Steffen, Tyson,

Present and Passing - (4):

Baumgardner, Billinger, Blasi, Haley,

Absent and Not Voting - (1):

Ryckman,

Not Voting - (0):