Creates provisions relating to certain declarations made to the Public Service Commission

Summary

The bill changes how Missouri’s Public Service Commission (PSC) estimates and recovers the cost of regulating utilities. Each utility would submit a sworn statement of its intrastate operating revenue, and the PSC would assess a fee based on those revenues, capped at very small percentages of total utility sales. The collected fees would go into a dedicated fund used only for the PSC’s regulatory costs.

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