HB422
Water utilities; prohibition of multiple rate increases within 3-year period for water utilities.
Status:
In House
Latest Action:
Feb. 3, 2026
House: Engrossed by House - committee substitute
Chief Patron:
Nicole Cole (D)
Session:
2026 Regular Session
Summary
As Introduced. Public utilities; prohibition of multiple rate increases within three-year period for certain utilities.
Prohibits a public utility authorized to furnish water or water and sewer service from filing an application for a rate increase more frequently than once in any three-year period. The bill provides exceptions to such prohibition for the utility to file an application (i) for a decrease in rates; (ii) ... (More) limited to a rate adjustment clause, rider, or surcharge; (iii) for a temporary emergency increase in rates; or (iv) for an increase upon a finding by the State Corporation Commission that extraordinary circumstances exist that materially impair the public utility's ability to provide safe and adequate service. (Less)-
Bill History
- 01/12/2026 - House: Prefiled and ordered printed; Offered 01-14-2026 26103989D
- 01/12/2026 - House: Referred to Committee on Labor and Commerce
- 01/19/2026 - House: Assigned HCL sub: Subcommittee #3
- 01/19/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB422)
- 01/21/2026 - House: Placed on Labor and Commerce Agenda
- 01/23/2026 - House: Placed on Labor and Commerce Agenda
- 01/27/2026 - House: House subcommittee offered
- 01/27/2026 - House: Subcommittee recommends reporting with substitute (6-Y 1-N)
- 01/28/2026 - House: Placed on Labor and Commerce Agenda
- 01/29/2026 - House: Reported from Labor and Commerce with substitute (15-Y 7-N)
- 01/29/2026 - House: Committee substitute printed 26106002D-H1
- 02/02/2026 - House: Read first time
- 02/02/2026 - House: Fiscal Impact Statement from State Corporation Commission (HB422)
- 02/03/2026 - House: Read second time
- 02/03/2026 - House: committee substitute agreed to
- 02/03/2026 - House: Engrossed by House - committee substitute
