The bill mandates the Office of Consumer Advocate (OCA) to conduct a study focused on the practices of rate-regulated public utilities in Iowa regarding infrastructure cost recovery. Specifically, the study will investigate whether these utilities are charging Iowa customers for infrastructure improvements that primarily benefit residents of other states. If the OCA finds evidence of such charges, it will also assess whether Iowa customers are receiving adequate compensation for these costs reflected in their utility bills.

Furthermore, the bill requires the OCA to compile and submit a detailed report of its findings to the General Assembly by December 31, 2026. This initiative aims to ensure transparency and fairness in utility billing practices, particularly concerning infrastructure investments that may not directly benefit Iowa residents.