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MI HB5879

MI HB5879
Public utilities: rates; reduction of residential rates in correlation to personal property tax savings; require. Amends sec. 6a of 1939 PA 3 (MCL 460.6a). TIE BAR WITH: HB 5880'26


summary

Introduced
04/22/2026
In Committee
06/02/2026
Crossed Over
05/20/2026
Passed
Dead

Introduced Session

103rd Legislature

Bill Summary

A bill to amend 1939 PA 3, entitled"An act to provide for the regulation and control of public and certain private utilities and other services affected with a public interest within this state; to provide for alternative energy suppliers and certain providers of electric vehicle charging services; to provide for licensing; to include municipally owned utilities and other providers of energy under certain provisions of this act; to create a public service commission and to prescribe and define its powers and duties; to abolish the Michigan public utilities commission and to confer the powers and duties vested by law on the public service commission; to provide for the powers and duties of certain state governmental officers and entities; to provide for the continuance, transfer, and completion of certain matters and proceedings; to abolish automatic adjustment clauses; to prohibit certain rate increases without notice and hearing; to qualify residential energy conservation programs permitted under state law for certain federal exemption; to create a fund; to encourage the utilization of resource recovery facilities; to prohibit certain acts and practices of providers of energy; to allow for the securitization of stranded costs; to reduce rates; to provide for appeals; to provide appropriations; to declare the effect and purpose of this act; to prescribe remedies and penalties; and to repeal acts and parts of acts,"by amending section 6a (MCL 460.6a), as amended by 2023 PA 231.

AI Summary

This bill requires natural gas and electric utilities to report their savings from exemptions on personal property taxes, which are taxes on movable property like equipment, to the Public Service Commission (PSC). The PSC will then conduct a review, similar to a legal case where evidence is presented and arguments are made, to determine the exact amount saved. Following this review, the PSC must issue an order to decrease residential rates by the amount the utility saved from these tax exemptions. Additionally, a utility cannot file for a general rate increase, which is a request for higher rates based on the overall cost of providing service, for two years after such an order is issued.

Committee Categories

Government Affairs

Sponsors (17)

Last Action

Referred To Committee On Government Operations (on 06/02/2026)

Bill Topics

Energy
  • ‐ Electricity and Hydroelectricity
  • ‐ General Energy
  • ‐ Natural Gas and Oil

bill text


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