MA S1933

Bill

MA S1933

To protect ratepayers

Introduced
01/22/2019

In Committee
01/22/2019

Crossed Over

Passed

Dead
12/31/2020

Introduced Session

191st General Court

Bill Summary

For legislation to protect ratepayers. Telecommunications, Utilities and Energy.

AI Summary

This bill seeks to protect ratepayers by imposing limits on the allowed return on equity for electric and gas companies in Massachusetts. Specifically, it prohibits the Department of Public Utilities from approving an allowed return on equity higher than the average approved in neighboring states over the previous four years, unless the company can demonstrate that this would violate its constitutional rights. Additionally, the bill restricts the Department from approving performance-based ratemaking mechanisms that automatically result in annual revenue increases higher than the rate of inflation. The bill also applies these restrictions retroactively to any performance-based ratemaking mechanisms approved prior to December 31, 2019.

Committee Categories

Transportation and Infrastructure

Sponsors (15)

Natalie Blais (D), Jo Comerford (D), Mike Connolly (D), Marcos Devers (D), Mindy Domb (D), Jamie Eldridge (D), Nika Elugardo (D), Colleen Garry (D), Anne Gobi (D), Carlos González (D), Jim Hawkins (D), Adam Hinds (D), David LeBoeuf (D), Jack Lewis (D), Marc Pacheco (D),

Last Action

Accompanied a study order, see S2552 (on 02/20/2020)

Official Document

https://malegislature.gov/Bills/191/S1933

(9 Companion Bills)

Version:

Document Type	Source Location
State Bill Page	https://malegislature.gov/Bills/191/S1933
Bill	https://malegislature.gov/Bills/191/S1933.pdf

Bill	Bill Name	Last Action	Type
H1648	Relative to protecting the solvency of the Massachusetts UI system	Accompanied a study order, see H5123	Similar To
H2804	Relative to energy efficiency	Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next sitting, the question being on acceptance	Similar To
H2822	Increasing service quality penalty against electric and gas companies	Accompanied a study order, see H4405	Similar To
H2883	Relative to disaster preparedness	Accompanied a study order, see H4405	Similar To
S1975	Relative to the Department of Public Utilities' proceedings and gas pipelines	Accompanied a study order, see S2552	Similar To
S1978	Relative to energy supply competition	Accompanied a study order, see S2552	Similar To
S2013	Ensuring public safety at natural gas sites	Ought NOT to pass (under Joint Rule 10) and placed in the Orders of the Day for the next session	Similar To
S2552	Order relative to authorizing the joint committee on Telecommunications, Utilities and Energy to make an investigation and study of certain current Senate documents relative to telecommunications, utilities and energy issues.	Discharged to the committee on Senate Rules	Replaced by
S521	Establishing tracking and reporting requirements for Massachusetts transportation fuels and associated greenhouse gas emissions	Bill reported favorably by committee and referred to the committee on Senate Ways and Means	Similar To

Bill > S1933

summary

Introduced Session

Bill Summary

AI Summary

Committee Categories

Sponsors (15)

Last Action

Official Document

bill text

bill summary

bill summary

bill summary