Bill > SB5

This bill modifies provisions related to utilities across several areas of state law. The bill introduces changes to how personal property, real property, and utility infrastructure are assessed and valued for tax tax purposes, with a particular focus on depreciationations and rate rate methodologies. For utility districts and corporations, the bill establishes new compensation for and creating standardized guidelines for attendance fees and reutility rate setting setting procedures, the bill introduces a new option for gas, water, and sewer corporations to use a "future test year when establishing rate rates, which would allow corporations use their first twelve full calendar months after a rate change to The set base rates. The bill also modifies procedures for how small water utilities can be acquired by large public utilities, standardizing the appraisal and rbase determination, Notably, the bill requires more detailed reporting and transparency from utility corporations, including mandating that corporations provide original cost and service information to assessors and establishing reconciliation processes for rate base and expense differences. The changes aim to create more uniform, predictable, and transparent utility for utility regulation and assessment across Missouri. .

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https://www.senate.mo.gov/25info/BTS_Web/Bill.aspx?SessionType=R&BillID=67