Bill Number: OK51RSB  734                           Date: 02-20-2007

        SENATE FLOOR VERSION

        

                                  THE STATE SENATE

  1                             Tuesday, February 20, 2007
 
  2                                 Senate Bill No. 734
 
  3                                       SB 734
 
  4           SENATE BILL NO. 734 - By: MORGAN and GUMM of the Senate and
 
  5     ADKINS of the House.
 
  6           An Act relating to electric service; declaring legislative
 
  7     intent relating to study of certain issues relating to retail
 
  8     electric consumer choice in this state; creating the Joint Electric
 
  9     Utility Restructuring Task Force; stating membership; providing for
 
 10     officers and meetings; stating requirements for study; providing for
 
 11     travel reimbursement; providing for staffing; authorizing reports
 
 12     and recommendations; providing for termination; providing for
 
 13     noncodification; providing for codification; and declaring an
 
 14     emergency.
 
 15     BE IT ENACTED BY THE PEOPLE OF THE STATE OF OKLAHOMA:
 
 16           SECTION 1.     NEW LAW     A new section of law not to be
 
 17     codified in the Oklahoma Statutes reads as follows:
 
 18           The 46th Oklahoma Legislature enacted the Electric
 
 19     Restructuring Act of 1997 following an extensive study by
 
 20     legislators, regulators, electric industry representatives,
 
 21     industrial, commercial and residential electric consumers.  The act
 
 22     codified several statutory requirements and created a procedure of
 
 23     policies and directives anticipated to be followed by future
 
 24     enabling legislation to ensure an orderly and equitable
 


                                         1

1 restructuring of the electric utility industry in this state. Some 2 of statutory restrictions enacted in the 1997 Act, including a 3 prohibition on customer switching and restricting municipal entities 4 from extending service in certain areas, were designed to limit 5 anticipated problems which may have been created if many consumers 6 began switching their electric service providers prior to the 7 enactment of legislation which would permit all consumers retail 8 choice of electric generation providers. The Legislature determined 9 that a statutory prohibition was needed to prevent unnecessary 10 duplication of costly electric distribution and transmission 11 facilities which would increase costs for all consumers. 12 Soon after the enactment of the Electric Restructuring Act of 13 1997 the momentum toward restructuring was effectively curtailed by 14 national crises, such as the collapse of the Enron Corporation and 15 costly power failures, electric service curtailments and allegations 16 of illegal trading in the State of California. Consequently, future 17 Legislatures abandoned the plan to enact a significant restructuring 18 act to allow consumers retail choice of their electric generation 19 providers. The resulting status is that the 1997 legislation with 20 its anticipatory and preliminary restrictions has remained in 21 effect, without the enabling legislation that was planned to replace 22 them. This has created uncertainty in the electric industry and 23 lawsuits and legal actions have resulted. 24 Meanwhile, the electric industry is ever-changing to keep pace 25 with consumer demands and once again there is a national trend 26 toward restructuring. Significant changes to implement a 27 transmission marketplace have already taken place which affects all 2

1 electric suppliers in our region. 2 It is hereby the intent of the 51st Legislature to direct 3 significant further legislative study to clarify the legal issues 4 resulting from the previous legislative actions for the benefit of 5 the electric service providers in our state and ascertain the wishes 6 of the citizens of this state to move forward with this process. 7 SECTION 2. NEW LAW A new section of law to be codified 8 in the Oklahoma Statutes as Section 190.21 of Title 17, unless there 9 is created a duplication in numbering, reads as follows: 10 A. There is hereby created a Joint Electric Utility 11 Restructuring Task Force which shall be composed of the members of 12 the Oklahoma State Senate Energy and Environment Committee and the 13 Oklahoma House of Representatives Energy and Technology Committee 14 and the Chairman of the Corporation Commission, or designee. The 15 task force shall be jointly chaired by the chairs and co-chairs of 16 the Senate and House committees. 17 B. A majority of the members serving on the task force shall 18 constitute a quorum. The task force shall meet at such times and 19 places as it deems necessary to perform its duties as specified 20 herein. Meetings shall be at the call of the chairs. 21 C. The task force shall study the following issues: 22 1. The ability of a municipality to annex and serve customers 23 inside the territory of another electric provider; 24 2. The condemnation and reuse of electric facilities; 25 3. The statutory prohibition on consumer switching electric 26 service providers established in Section 190.7 of Title 17 of the 27 Oklahoma Statutes; 3

1 4. Court rulings and pending litigation filed as a result of 2 interpretations of the Electric Restructuring Act of 1997, Sections 3 190.1 et seq. of Title 17 of the Oklahoma Statutes; 4 5. The effect of regional transmission organizations on the 5 electric generation marketplace; 6 6. The impact of changes in other states in our region and 7 nationwide relating to retail choice of electric services by 8 consumers; 9 7. Other issues the task force deems necessary to adequately 10 study electric restructuring in this state. 11 D. The task force shall solicit the input of all stakeholders 12 involved in the provision and consumption of electric service. To 13 further enhance such participation, the task force may appoint 14 advisory councils made up of representatives of various stakeholders 15 or invite any other persons as needed to advise the task force in 16 any matter they deem appropriate and necessary. 17 E. Members of the task force shall be reimbursed by their 18 appointing authorities for necessary travel expenses incurred in the 19 performance of their duties in accordance with Section 456 of Title 20 74 of the Oklahoma Statutes. 21 F. The Oklahoma State Senate and House of Representatives 22 shall provide such staff support as is required by the task force 23 and any other state agency shall provide support as requested by the 24 task force. The task force is authorized to employ any legal 25 counsel, independent consultants, or other persons as necessary and 26 approved by the President Pro Tempore of the Senate and the Speaker 27 of the House of Representatives. 4

1 G. The task force may issue any reports it deems necessary 2 and appropriate and may make any legislative recommendations 3 available to the Governor and the Legislature. The Legislature 4 shall review any reports or recommendations developed by the task 5 force. Final authority relating to the implementation of any 6 recommended statutory revisions shall reside with the Legislature. 7 H. The task force shall remain in effect and operate as 8 herein directed until its termination which shall be no later than 9 December 1, 2009. The task force may elect, by majority vote, to 10 terminate its operations at an earlier date if it deems such action 11 appropriate. 12 SECTION 3. It being immediately necessary for the 13 preservation of the public peace, health and safety, an emergency is 14 hereby declared to exist, by reason whereof this act shall take 15 effect and be in full force from and after its passage and approval. 16 COMMITTEE REPORT BY: COMMITTEE ON ENERGY & ENVIRONMENT, dated 17 2-15-07 - DO PASS, As Coauthored. 18 Req. No. \*Req. No.*\Page 1 19 SB734 SFLR1State Senate 20 (Bold face denotes Committee Amendments) 5