Summary of the Introduced Bill

SB 255 -- Consumer-owned Electric Corporations

Sponsor:  Kinder

This bill prohibits the Public Service Commission from regulating
the rates and financing of consumer-owned electric corporations
that are required to operate on a not-for-profit cooperative
basis and, as of August 28, 2003, hold a certificate of public
convenience and necessity to serve a majority of their
consumer-owners in third classification counties.

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Last Updated July 25, 2003 at 10:13 am