South Carolina General Assembly
125th Session, 2023-2024
Bill 176
Indicates Matter Stricken
Indicates New Matter
(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)
A bill
to amend the South Carolina Code of Laws by adding Section 58-1-60 so as to PROHIBIT A PUBLIC UTILITY FROM INCLUDING IN ITS RATE BASE OR OTHERWISE RECOVER FROM ITS CUSTOMERS ANY LEGAL FEES PAID BY THE PUBLIC UTILITY FOR A MATTER IN WHICH THE PUBLIC UTILITY WAS FOUND TO HAVE VIOLATED A FEDERAL, STATE, OR LOCAL STATUTE, REGULATION, OR ORDINANCE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1.Chapter 1, Title 58 of the S.C. Code is amended by adding:
Section 58-1-60.A public utility, as defined in Section 58-3-5, that has rates subject to regulation by the Public Service Commission shall not be permitted to include as a part of its rate base nor otherwise recover from its customers any legal fees paid by the public utility for a matter in which the public utility was found to have violated a federal, state, or local statute, regulation, or ordinance.
SECTION 2.This act takes effect upon approval by the Governor.
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