S0464: Public Service Authority

Legislative Summary

Amend Section 58-31-20 Of The 1976 South Carolina Code Of Laws To Provide A Member Of The Board Of Directors Of The Public Service Authority Shall Not Be Appointed For More Than Two Unexpired Consecutive Terms And For Education And Experience Requirements For A Board Member; To Add Section 58-31-225 To Provide That The Office Of Regulatory Staff Has Authority To Make Inspections, Audits And Examinations Of The Public Service Authority For Electric And Water Rates; To Amend Section 58-31-380 To Establish A Process To Receive Public Comment And A Public Hearing In Setting Electric Rates, And For The Office Of Regulatory Staff To Review The Proposed Rates And Comment Before The Rates Go Into Effect; To Amend Section 58-33-20 To Include The Public Service Authority In The Requirements For Utility Facility Siting; To Amend Section 58-37-40 To Delete Subsection (a)(3); And To Add Section 58-37-45 To Require The South Carolina Public Service Authority To Submit An Integrated Resource Plan To The Public Service Commission And To Provide For Plan Requirements.