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SB 417 Nevada Senate · 2025 Regular Session

Revises provisions relating to public utilities. (BDR 58-1106)

SB 417 requires Nevada’s Public Utilities Commission to create regulations for natural gas utilities to apply for alternative rate-making plans. These plans would allow utilities to use new rate structures (like performance-based rates or earnings-sharing with customers) instead of standard rate changes. The bill specifies what applications must include, sets time limits for Commission review, and mandates customer education about new rate mechanisms. It directly affects natural gas utilities operating in Nevada and their customers, while ensuring the Commission evaluates plans for cost recovery and customer impact. The bill does not change the Commission’s existing rate-making authority.
Bill status signed all 5 stages cleared
Introduction
Mar 2025
Committee Review
May 2025
Senate Passage
Jun 2025
Assembly Passage
Jun 2025
Signed into Law
Jun 2025
Introduced Mar 20, 2025 Signed Jun 9, 2025
Maddy AI version diff · 3 comparisons

What changed between versions

Reprint 2 → As Enrolled · 4 edits · Jun 9, 2025
MODERATE
The bill text was converted from a draft reprint to its final enrolled version, adding the official chapter title and a detailed Legislative Counsel's Digest. This digest summarizes the bill's intent: requiring the Public Utilities Commission to create rules for natural gas utilities to use 'alternative rate-making plans' (like performance-based rates) and updating similar rules for electric utilities. The changes clarify that these new plans must include earnings-sharing mechanisms and risk calculations to protect customers while allowing utilities flexibility in setting rates.
Scope change
The scope of the bill itself remains focused on public utility rate-making procedures, but the enrolled version now explicitly details the specific regulatory requirements for natural gas and electric utilities in the Legislative Counsel's Digest, clarifying the bill's impact on existing laws.
DEFINITION

Added a formal Legislative Counsel's Digest explaining the bill's purpose, specific requirements for alternative rate-making plans, and how it modifies existing laws for electric and gas utilities.

REQUIREMENT

The digest specifies that alternative rate-making plans must include earnings-sharing mechanisms and risk calculations for both natural gas and electric utilities.

TIMELINE

Added the official session date (83rd Session, 2025) and chapter designation, indicating the bill has been finalized and approved for enactment.

TECHNICAL

Removed draft-specific headers, committee referral notes, and summary lines that were used only during the legislative review process.

Floor votes · Senate Apr 22, 2025 · Assembly Jun 2, 2025

How they voted

20–0
Passed
Total votes 20
Apr 22, 2025
D Democratic12
12 Yea
100% Yea
R Republican8
8 Yea
100% Yea
Vote distribution
All Yea All Nay Mixed No data
Full legislative history

Actions timeline

Total actions
12
Key actions
7
Committee
3
Jun 9, 2025
Signed into law
Approved by the Governor. Chapter 451.
executive
Jun 4, 2025
Upper · Passed
To enrollment.
upper
Jun 2, 2025
Upper · Passed
Withdrawn from Committee on Ways and Means. Placed on General File. Read third time. Passed, as amended. Title approved, as amended. (Yeas: 36, Nays: 6.) To Senate. In Senate. Assembly Amendment No. 707 concurred in.
upper
May 22, 2025
Upper · Passed
From printer. To engrossment. Engrossed. Second reprint. To committee.
upper
Apr 22, 2025
Upper · Passed
Read third time. Passed, as amended. Title approved. (Yeas: 21, Nays: None.) To printer.
upper
Apr 21, 2025
Upper · Passed
From committee: Amend, and do pass as amended. Placed on Second Reading File. Read second time. Amended. (Amend. No. 244.) Reprinting dispensed with. Notice of eligibility for exemption.
upper
Mar 21, 2025
Upper · Passed
From printer. To committee.
upper
0 primary · 0 co-sponsors

Sponsors

No sponsor information available.