Key Votes
SB 2785 - Establishes Regulations for an Undersea Power Cable - Key Vote
Hawaii Key Votes
Stages
- June 27, 2012 Executive Signed
- May 3, 2012 Senate Concurrence Vote Passed
- April 10, 2012 House Bill Passed
- March 6, 2012 Senate Bill Passed
- Jan. 25, 2012 Introduced
Family
Issues
Stage Details
Legislation - Signed (Executive) - June 27, 2012
Title: Establishes Regulations for an Undersea Power Cable
Signed by Governor Neil Abercrombie
Legislation - Concurrence Vote Passed (Senate) (22-3) - May 3, 2012 (Key vote)
Title: Establishes Regulations for an Undersea Power Cable
Vote Smart's Synopsis:
Vote to concur with House amendments and pass a bill that authorizes the regulation of an undersea power cable, effective July 1, 2012.
Highlights:
- Requires a cable company to be approved by the public utilities commission prior to beginning commercial operation of an undersea power cable (Sec. 2).
- Authorizes an electric utility company to establish an automatic rate adjustment clause if the company’s capital expenditure costs, including revenue requirements, are approved by the public utilities commission (Sec. 2).
- Specifies that revenue requirements include, but are not limited to, the following (Sec. 2):
- A commission-approved rate of return on the electric utility company's net investment in on-island transmission infrastructure;
- Depreciation; and
- Revenue taxes and other commission approved costs.
Legislation - Bill Passed (House) (45-6) - April 10, 2012
Legislation - Bill Passed (Senate) (31-1) - March 6, 2012
Legislation - Introduced (Senate) - Jan. 25, 2012
Title: Establishes Regulations for an Undersea Power Cable
Sponsors
- Shan S. Tsutsui (HI - D) (Out Of Office)
