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A11197 Summary:
| BILL NO | A11197 |
| SAME AS | No Same As |
| SPONSOR | Shrestha |
| COSPNSR | |
| MLTSPNSR | |
| Add Art 1-A §§28-a - 29-d, Pub Serv L | |
| Enacts the "fair authorized investment returns act"; sets a default authorized return on equity equal to the ten year US Treasury rate plus two hundred basis points, reset annually; establishes a competitive equity auction through which the cost of equity for a covered utility may be determined on a market basis, whether initiated by the utility or ordered by the commission. | |
A11197 Floor Votes:
There are no votes for this bill in this legislative session.
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