summary
Introduced
01/22/2019
01/22/2019
In Committee
01/22/2019
01/22/2019
Crossed Over
Passed
Dead
12/31/2020
12/31/2020
Introduced Session
191st General Court
Bill Summary
For legislation to create a Department of Utilities Disaster Relief Fund. Telecommunications, Utilities and Energy.
AI Summary
This bill establishes a Department of Utilities Disaster Relief Fund to mitigate rate hikes for gas company customers following emergencies, accidents, insolvency, or bankruptcy. The fund will be financed through assessments on gas companies based on their intrastate operating revenues and any penalties they incur. The Department of Public Utilities can use the funds to ensure that these events do not result in rate increases for ratepayers. The bill also allows the Department to annually increase the assessment rate up to the consumer price index for the Northeast region.
Committee Categories
Transportation and Infrastructure
Sponsors (6)
Julian Cyr (D),
Diana Dizoglio (D),
Jamie Eldridge (D),
Mike Moore (D),
Patrick O'Connor (R),
Becca Rausch (D),
Last Action
Accompanied a study order, see S2552 (on 02/20/2020)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://malegislature.gov/Bills/191/S1953 |
| Bill | https://malegislature.gov/Bills/191/S1953.pdf |
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