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Bill > A413
NJ A413
NJ A413Prohibits public utility from filing rate increase petition under certain circumstances.
summary
Introduced
01/14/2020
01/14/2020
In Committee
01/14/2020
01/14/2020
Crossed Over
Passed
Dead
01/11/2022
01/11/2022
Introduced Session
2020-2021 Regular Session
Bill Summary
This bill prohibits the Board of Public Utilities (board) from considering, reviewing, or approving, and prohibits a public utility from being permitted to file, a request for a rate increase during any period of time when: 1) the board has directed the public utility to file a base rate case to determine whether the public utility exceeded its authorized rate of return; or 2) the public utility has been notified by the board that the board is investigating whether the public utility exceeded its authorized rate of return. This prohibition shall continue until such time as the board shall determine that the base rate case proceeding or the investigation has been concluded.
AI Summary
This bill prohibits the Board of Public Utilities (the board) from considering, reviewing, or approving, and prohibits a public utility from filing, a request for a rate increase during any period when the board has directed the public utility to file a base rate case (a proceeding to determine if the utility has exceeded its authorized rate of return) or the board is investigating whether the utility has exceeded its authorized rate of return. This prohibition continues until the board determines that the base rate case proceeding or investigation has concluded.
Committee Categories
Transportation and Infrastructure
Sponsors (5)
Last Action
Introduced, Referred to Assembly Telecommunications and Utilities Committee (on 01/14/2020)
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://www.njleg.state.nj.us/bill-search/2020/A413 |
| BillText | https://www.njleg.state.nj.us/Bills/2020/A0500/413_I1.HTM |
| Bill | https://www.njleg.state.nj.us/Bills/2020/A0500/413_I1.PDF |
| BillText | https://www.njleg.state.nj.us/2020/Bills/A0500/413_I1.HTM |
| Bill | https://www.njleg.state.nj.us/2020/Bills/A0500/413_I1.PDF |
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