South Carolina General Assembly
125th Session, 2023-2024

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Indicates Matter Stricken
Indicates New Matter

S. 218

STATUS INFORMATION

General Bill
Sponsors: Senator McLeod
Document Path: SR-0121KM23.docx

Introduced in the Senate on January 10, 2023
Currently residing in the Senate Committee on Judiciary

Summary: Ratepayer Protection Act

HISTORY OF LEGISLATIVE ACTIONS

Date Body Action Description with journal page number
11/30/2022 Senate Prefiled
11/30/2022 Senate Referred to Committee on Judiciary
1/10/2023 Senate Introduced and read first time (Senate Journal-page 113)
1/10/2023 Senate Referred to Committee on Judiciary (Senate Journal-page 113)

View the latest legislative information at the website

VERSIONS OF THIS BILL

11/30/2022



A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS SO AS TO ENACT THE "RATEPAYER PROTECTION ACT"; TO AMEND SECTION 58-5-240, RELATING TO FILING SCHEDULES OF PROPOSED RATES AND THE LIKE FOR GAS, HEAT, WATER, SEWAGE COLLECTION AND DISPOSAL, AND STREET RAILWAY COMPANIES, SO AS TO REQUIRE THE PUBLIC SERVICE COMMISSION TO SUSPEND THE PROCESS BY WHICH A PUBLIC UTILITY SEEKS A CHANGE IN RATE, TOLL, RENTAL, CHARGE, OR CLASSIFICATION DURING A DECLARED STATE OF EMERGENCY; AND TO AMEND SECTION 58-27-870, RELATING TO FILING SCHEDULES OF PROPOSED RATES AND THE LIKE FOR ELECTRIC UTILITIES, SO AS TO REQUIRE THE PUBLIC SERVICE COMMISSION TO SUSPEND THE PROCESS BY WHICH A PUBLIC UTILITY SEEKS A CHANGE IN RATE, TOLL, RENTAL, CHARGE, OR CLASSIFICATION DURING A DECLARED STATE OF EMERGENCY.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1.   This act may be cited as the "Ratepayer Protection Act".

SECTION 2.    Section 58-5-240 of the S.C. Code is amended by adding:

   (I) Notwithstanding the provisions of this section, upon the declaration of a state of emergency issued by a duly authorized state or federal official, the commission shall temporarily suspend the process by which a public utility seeks a change in rate, toll, rental, charge, or classification for jurisdictions subject to the declared state of emergency. A public utility is prohibited from enacting a change in rate, toll, rental, charge, or classification, otherwise allowable under this section, until the declaration of a state of emergency is terminated during a declared state of emergency as described above:

      (1) all timelines outlined in this article are suspended until the termination of the declared state of emergency, upon which the commission or public utility may resume the process at the point of interruption by the declared state of emergency;

      (2) a public utility that requests a change in rate, toll, rental, charge, or classification prior to a declared state of emergency cannot increase the request upon expiration of the declared state of emergency; and

      (3) if a change in rate, toll, rental, charge, or classification is initiated prior to and granted at the expiration of the declared state of emergency, the new rate, toll, rental, charge, or classification cannot go into effect until one year after the expiration of the declared state of emergency.

SECTION 3.    Section 58-27-870 of the S.C. Code is amended by adding:

   (H) Notwithstanding the provisions of this section, upon the declaration of a state of emergency issued by a duly authorized state or federal official, the commission shall temporarily suspend the process by which a public utility seeks a change in rate, toll, rental, charge, or classification for jurisdictions subject to the declared state of emergency. A public utility is prohibited from enacting a change in rate, toll, rental, charge, or classification, otherwise allowable under this section, until the declaration of a state of emergency is terminated during a declared state of emergency as described above:

      (1) all timelines outlined in this article are suspended until the termination of the declared state of emergency, upon which the commission or public utility may resume the process at the point of interruption by the declared state of emergency;

      (2) a public utility that requests a change in rate, toll, rental, charge, or classification prior to a declared state of emergency cannot increase the request upon expiration of the declared state of emergency; and

      (3) if a change in rate, toll, rental, charge, or classification is initiated prior to and granted at the expiration of the declared state of emergency, the new rate, toll, rental, charge, or classification cannot go into effect until one year after the expiration of the declared state of emergency.

SECTION 4.   This act takes effect upon approval by the Governor.

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This web page was last updated on May 28, 2024 at 12:20 PM