South Carolina General Assembly
111th Session, 1995-1996

Bill 984


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Bill Number:                       984
Type of Legislation:               General Bill GB
Introducing Body:                  Senate
Introduced Date:                   19960109
Primary Sponsor:                   Leventis 
All Sponsors:                      Leventis, Cork 
Drafted Document Number:           PFM\7692AC.96
Companion Bill Number:             4349
Residing Body:                     Senate
Current Committee:                 Judiciary Committee 11 SJ
Subject:                           Low-level radioactive waste
                                   disposal



History


Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

Senate  19960109  Introduced, read first time,             11 SJ
                  referred to Committee
Senate  19951204  Prefiled, referred to Committee          11 SJ

View additional legislative information at the LPITS web site.


(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

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.

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