Introduced Version
House Bill 4565 History
| Email
Key: Green = existing Code. Red = new code to be enacted
H. B. 4565
(By Delegates McGeehan, Perdue, Manypenny,
Doyle, Varner, Hall, C. Miller and Shott)
[Introduced February 19, 2010; referred to the
Committee on Government Organization then the Judiciary.]
A BILL to amend the Code of West Virginia, 1931, as amended, by
adding thereto a new section, designated §24-2-19, relating to
implementing a requirement for the Public Service Commission
to report to the Joint Standing Committee on Government
Organization.
Be it enacted by the Legislature of West Virginia:
That the Code of West Virginia, 1931, as amended, be amended
by adding thereto a new section, designated §24-2-19, to read as
follows:
ARTICLE 2. POWERS AND DUTIES OF PUBLIC SERVICE COMMISSION.
§24-2-19. Reporting requirement.
The Public Service Commission shall prepare and present
annually to the Joint Standing Committee on Government Organization
of the West Virginia Legislature a report which includes:
(1) Data on the cost effectiveness of the current mechanism of
rate regulation for all industries the Public Service Commission regulates;
(2) Specific reference to the impact upon West Virginia
ratepayers of alternate rate setting mechanisms, including but not
limited to, participation in competitive markets as discussed in
section eighteen of this article, and how competitive market
strategies or alternate rate setting mechanisms, or both, would be
implemented;
(3) A list of actions which could be undertaken by the Public
Service Commission which could result in lower rates for West
Virginia ratepayers; and
(4) Other information which from time to time is specifically
requested for inclusion in this report by the Joint Standing
Committee on Government Organization of the West Virginia
Legislature.
NOTE: The purpose of this bill is to provide guidelines for
annual reporting by the Public Service Commission to ensure that it
is providing economic benefit to West Virginia ratepayers and is
fulfilling its mandates in an efficient manner.
This section is new; therefore, it has been completely
underscored.