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Bill > S1548


FL S1548

Energy


summary

Introduced
01/05/2024
In Committee
01/10/2024
Crossed Over
Passed
Dead
03/08/2024

Introduced Session

2024 Regular Session

Bill Summary

An act relating to energy; amending s. 337.25, F.S.; prohibiting the Department of Transportation from assigning or transferring its permitting rights across transportation rights-of-way operated by the department to certain third parties under certain circumstances; amending s. 337.403, F.S.; prohibiting authorities from requiring the relocation of utilities on behalf of certain other third party or governmental agency projects; amending s. 366.04, F.S.; requiring the Public Service Commission to approve targeted storm reserve amounts for public utilities; providing requirements for the targeted storm reserve amounts; providing for base rate adjustments; amending s. 409.508, F.S.; defining and redefining terms; requiring the Department of Commerce to expand categorical eligibility for the low-income home energy assistance program to include individuals who are enrolled in certain federal disability programs; requiring the department to develop a comprehensive process for automatic payments to be made on behalf of such individuals; providing requirements for such process; making technical changes; requiring the Public Service Commission to conduct or cause to be conducted a feasibility study on the use of small modular nuclear reactors in this state; defining the term “small modular nuclear reactor” or “reactor”; providing requirements for the feasibility study; requiring the commission to submit a report on the findings and conclusion of the feasibility study to the Governor and the Legislature by a specified date; providing requirements for the report; providing an effective date.

AI Summary

This bill: - Prohibits the Department of Transportation from assigning or transferring its permitting rights across transportation rights-of-way to certain third parties without prior approval from the Legislature. - Prohibits authorities from requiring the relocation of utilities on behalf of certain other third-party or governmental agency projects. - Requires the Public Service Commission to approve targeted storm reserve amounts for public utilities, set at 80% of the approved incremental storm costs incurred over the previous 5 years, to be funded through an increase in base rates over a 4-year period. - Expands the categorical eligibility for the federal low-income home energy assistance program to include individuals enrolled in certain federal disability programs, and requires the Department of Commerce to develop a process for automatic payments to be made directly to the household's home energy supplier. - Requires the Public Service Commission to conduct a feasibility study on the use of small modular nuclear reactors in Florida and submit a report to the Governor and Legislature by July 1, 2025. The bill aims to regulate utility permitting and relocation, manage storm reserve funding, expand low-income energy assistance, and explore the potential for small nuclear reactors in the state.

Sponsors (1)

Last Action

Died in Regulated Industries (on 03/08/2024)

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