Summary
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From the Legislature
The purpose of this bill is to enhance transparency and accountability of the Public Service Commission, and to shift the duties of the commission towards a greater focus of assuring affordable utility rates; and to assure that it is held to the highest ethical standard in its decision-making process, including assuring impartiality by applying the State Code of Judicial Ethics to the Commission. The bill redefines what is deemed in the public interest by providing greater weight be given to affordability of electrical utility rates; requiring commissioners annual financial statements be published on the internet and to post bond upon appointment; and deleting and repealing outdated code provisions.