Bill Summary – FastDemocracy

House File 617 - Enrolled
                                                      House File 617
                                  AN ACT
     RELATING TO IOWA UTILITIES BOARD REVIEW OF SPECIFIED PROVISIONS
        AND UTILITY RATEMAKING PROCEDURES.
3 BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:
 1      Section 1. IOWA UTILITIES BOARD REVIEW.
 2      1. The utilities board shall initiate and coordinate
 3   an independent review of current Iowa Code provisions and
 4   ratemaking procedures. The review shall take into account
 5   the policy objectives of ensuring safe, adequate, reliable,
 6   and affordable utility services provided at rates that are
 7   nondiscriminatory, just, reasonable, and based on the utility’s
 8   cost of providing service to its customers within the state.
 9   The review shall include all of the following:
10      a. An evaluation of the adequacy of current ratemaking law
11   and procedure to promote the policy objectives described in
12   this subsection.
13      b. Identification of possible changes in law or procedure
14   that might better advance the policy objectives described in
15   this subsection.
16      c. Recommendations for changes in law and administrative
17   rules.
18      d. Identification of ratemaking laws and procedures of
19   other states that, if adopted in Iowa, could enhance the
20   competitiveness of utility rates in Iowa as compared with
21   utility rates in other jurisdictions.
                                                 House File 617, p. 2
22      2. The consumer advocate division of the department
23   of justice shall, and rate-regulated utilities and other
24   interested persons may, participate in the review. The board
25   may utilize additional services to assist in the coordination
26   of the review and preparation of the report. The board shall
27   submit a report with findings and recommendations to the
28   general assembly by January 1, 2024.
     ______________________________     ______________________________
     PAT GRASSLEY                       AMY SINCLAIR
     Speaker of the House               President of the Senate
        I hereby certify that this bill originated in the House and
     is known as House File 617, Ninetieth General Assembly.
                                        ______________________________
                                        MEGHAN NELSON
                                        Chief Clerk of the House
     Approved _______________, 2023     ______________________________
                                        KIM REYNOLDS
                                        Governor