South Carolina Legislature


 

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S 835
Session 104 (1981-1982)


S 0835 General Bill, By E.J. Patterson, Leventis and D.E. Turnipseed

Similar(H 3052) A Bill to amend Section 58-5-250, Code of Laws of South Carolina, 1976, relating to gas, heat, water and certain other public utilities putting suspended rates into effect under bond and the interest required on disallowed rate increases, to amend Section 58-9-550 relating to telephone utilities putting suspended rates into effect under bond and the interest required on disallowed rate increases; and to amend Section 58-27-880, relating to electrical utitilities putting suspended rates into effect under bond and the interest required on disallowed rate increases, so as to provide that the interest rate required on disallowed increases shall be equal to the average prime rate at the time the disallowed increase was put into effect under bond of the five largest banks (by deposits) in South Carolina. 03/02/82 Senate Introduced and read first time SJ-14 03/02/82 Senate Referred to Committee on Finance SJ-14



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