Legislation: Florida — 2,186 enacted records (OpenStates 2026-07-01)
Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
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Fabio
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type: "Bill"
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title: "Utility System Rate Base Values"
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description: "Utility System Rate Base Values; Establishes alternative procedure by which PSC may establish rate base value for certain acquired utility systems; requires that approved rate base value be reflected in acquiring utility's next general rate case for ratemaking purposes; establishes procedure for appraisal of acquired utility system; provides contents required for petition to PSC for approval of rate base value of acquired utility system; provides duties of PSC regarding petitions; authorizes PSC to set rates for & classify certain acquired utility systems; requires PSC to take certain factors into consideration for certain rate base value petitions; requires PSC to adopt rules."
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jurisdiction: "us/states/fl"
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legislature: "Florida Legislature"
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session: "2023"
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identifier: "HB 125"
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citation: "Florida HB 125 (2023)"
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classification: ["bill"]
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subjects: []
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status: "enacted"
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chapter_law: "2023-291"
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primary_sponsors: ["McClain"]
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version_count: 4
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action_count: 44
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vote_count: 5
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first_action: "2023-01-06"
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last_action: "2023-06-27"
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source: "openstates"
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source_identifier: "ocd-bill/225b24d4-7f4f-4926-96b4-f524e3f635c2"
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source_url: "https://flsenate.gov/Session/Bill/2023/125/ByCategory"
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source_hash: "363155a01a8ea477684562672fe724d5efabce4252e955e5d9e80af7663530d3"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-fl"]
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---
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# Florida HB 125 (2023) — Utility System Rate Base Values
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Utility System Rate Base Values; Establishes alternative procedure by which PSC may establish rate base value for certain acquired utility systems; requires that approved rate base value be reflected in acquiring utility's next general rate case for ratemaking purposes; establishes procedure for appraisal of acquired utility system; provides contents required for petition to PSC for approval of rate base value of acquired utility system; provides duties of PSC regarding petitions; authorizes PSC to set rates for & classify certain acquired utility systems; requires PSC to take certain factors into consideration for certain rate base value petitions; requires PSC to adopt rules.
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**Enacted** — Laws of Florida, Chapter 2023-291.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **H 125 Filed** (filed) — [source](https://flsenate.gov/Session/Bill/2023/125/BillText/Filed/PDF)
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2. **H 125 c1** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2023/125/BillText/c1/PDF)
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3. **H 125 c2** (committee substitute) — [source](https://flsenate.gov/Session/Bill/2023/125/BillText/c2/PDF)
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4. **H 125 er** (enrolled) — [source](https://flsenate.gov/Session/Bill/2023/125/BillText/er/PDF)
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## Votes
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- Third Reading — **37–0** (pass) · upper
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- Favorable With Committee Substitute (Energy, Communications & Cybersecurity Subcommittee) — **18–0** (pass) · lower
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- Passage, Third Reading — **112–2** (pass) · lower
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- Third Reading — **38–0** (pass) · upper
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- Favorable With Committee Substitute (Commerce Committee) — **17–0** (pass) · lower
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## Sponsors
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- Commerce Committee — primary (organization)
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- Energy, Communications & Cybersecurity Subcommittee — primary (organization)
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- McClain — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2023-01-06** Filed `filing`
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- **2023-01-17** Referred to Energy, Communications & Cybersecurity Subcommittee `referral-committee`
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- **2023-01-17** Referred to State Administration & Technology Appropriations Subcommittee `referral-committee`
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- **2023-01-17** Referred to Commerce Committee `referral-committee`
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- **2023-01-17** Now in Energy, Communications & Cybersecurity Subcommittee
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- **2023-02-08** Added to Energy, Communications & Cybersecurity Subcommittee agenda
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- **2023-02-15** Favorable with CS by Energy, Communications & Cybersecurity Subcommittee `committee-passage-favorable`
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- **2023-02-15** Reported out of Energy, Communications & Cybersecurity Subcommittee
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- **2023-02-15** Laid on Table under Rule 7.18(a) `deferral`
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- **2023-02-15** CS Filed `filing`
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- **2023-02-21** Original reference removed: State Administration & Technology Appropriations Subcommittee
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- **2023-02-21** Referred to Commerce Committee `referral-committee`
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- **2023-02-21** Now in Commerce Committee
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- **2023-03-07** 1st Reading (Original Filed Version) `filing, reading-1`
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- **2023-03-07** 1st Reading (Committee Substitute 1) `reading-1`
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- **2023-04-13** Added to Commerce Committee agenda
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- **2023-04-18** Favorable with CS by Commerce Committee `committee-passage-favorable`
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- **2023-04-18** Reported out of Commerce Committee
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- **2023-04-18** Laid on Table under Rule 7.18(a) `deferral`
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- **2023-04-18** CS Filed `filing`
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- **2023-04-19** Bill referred to House Calendar
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- **2023-04-19** 1st Reading (Committee Substitute 2) `reading-1`
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- **2023-04-19** Added to Second Reading Calendar
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- **2023-04-24** Bill added to Special Order Calendar (4/27/2023)
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- **2023-04-27** Read 2nd time `reading-2`
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- **2023-04-27** Added to Third Reading Calendar
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- **2023-04-27** Read 3rd time `reading-3`
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- **2023-04-27** CS passed; YEAS 112, NAYS 2 `passage`
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- **2023-04-27** In Messages
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- **2023-04-27** Referred to Fiscal Policy `referral-committee`
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- **2023-04-27** Withdrawn from Fiscal Policy `withdrawal`
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- **2023-04-27** Placed on Calendar, on 2nd reading
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- **2023-04-27** Substituted for CS/SB 194
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- **2023-04-27** Received `enrolled`
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- **2023-04-27** Read 2nd time `reading-2`
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- **2023-04-27** Read 3rd time `reading-3`
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- **2023-04-27** CS passed; YEAS 37 NAYS 0 `passage`
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- **2023-04-27** Reconsidered
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- **2023-04-27** CS passed; YEAS 38 NAYS 0 `passage`
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- **2023-04-27** In Messages
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- **2023-04-27** Ordered enrolled `enrolled`
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- **2023-06-26** Signed by Officers and presented to Governor `executive-receipt`
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- **2023-06-26** Approved by Governor `executive-signature`
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- **2023-06-27** Chapter No. 2023-291
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/225b24d4-7f4f-4926-96b4-f524e3f635c2`. Confidence: reported (aggregated from official Florida legislature records).
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