Current Status Bill Number:4349 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19960109 Primary Sponsor:Keyserling All Sponsors:Keyserling, Richardson, McElveen Drafted Document Number:PFM\7691AC.96 Companion Bill Number:984 Residing Body:House Current Committee:Labor, Commerce and Industry Committee 26 HLCI Subject:Utility rate, low-level radioactive waste disposal
Body Date Action Description Com Leg Involved
______ ________ _______________________________________ _______ ____________
House 19960109 Introduced, read first time, 26 HLCI
referred to Committee
House 19951213 Prefiled, referred to Committee 26 HLCI
View additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 58-27-815 SO AS TO PROHIBIT THE PUBLIC SERVICE COMMISSION FROM INCLUDING IN A UTILITY'S RATE BASE ANY COSTS FOR LOW-LEVEL RADIOACTIVE WASTE DISPOSAL UNLESS THE CHARGES FOR WASTE DISPOSAL AT A FACILITY ARE THE RESULT OF A COMPETITIVE PROCUREMENT PROCESS.
Whereas, rates charged by the operator of the low-level radioactive disposal facility located at Barnwell are passed through to all South Carolina rate payers without benefit of price competition; and
Whereas, price competition in establishing these rates would be beneficial to South Carolina consumers. Now, therefore,
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 58-27-815. (A) Unless the Public Service Commission determines that charges for waste disposal at a low-level radioactive waste disposal facility are the result of a competitive procurement process, the commission may not include in a utility's rate base any low-level radioactive waste disposal costs paid to the operator of a disposal facility which provide the operator with a rate of return substantially in excess of rates of return allowed public utilities in this State and rates of return of similar disposal facilities operating in other states.
(B) For purposes of this section:
(1) `Disposal facility' means a parcel of land, together with the structures, equipment, and improvements on the land or appurtenant to the land, which is used or being developed for the treatment, storage, or disposal of low-level radioactive waste;
(2) `Operator' means the person who operates a disposal facility."
SECTION 2. This act takes effect upon approval by the Governor.