(AP)- A Missouri House committee has endorsed a bill
authorizing discounted electric rates for steel and aluminum production
facilities after removing a more controversial provision.
authorizing discounted electric rates for steel and aluminum production
facilities after removing a more controversial provision.
The revised bill is expected to be considered Wednesday by the full House
after the chamber’s utilities committee voted Tuesday to advance it.
Lawmakers are meeting in a special session called by Governor Eric Greitens to
consider electric rate incentives that supporters say could lead to hundreds of
jobs if a steel-works facility and aluminum smelter locate near the southeast
Missouri town of New Madrid. The lower rates for those facilities could be
offset with higher costs for other customers.
Committee members removed another section of the bill that would have let the
Public Service Commission consider new reasons for rate increases for electric
companies.
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