HB 2386: PUC; WATER CARRIERS; TARIFFS; WATER CARRIER INFLATIONARY COST INDEX; AUTOMATIC ADJUSTMENT MECHANISM; RATE ADJUSTMENTS; SPECIAL OVERSEER

Session Year: 2025-2026
House: House
Latest Version Date: 2026-03-06

Current Status:

In Progress

(2026-03-06: Forty-eight (48) hours notice Tuesday, 03-10-26.)

Introduced

First Committee Review

First Chamber

Second Committee Review

Second Chamber

Final Decking

Enacted

Version:

Authorizes the Public Utilities Commission to establish automatic adjustment mechanisms to address economic factors sua sponte or on application by a water carrier. Requires the Public Utilities Commission to establish a water carrier inflationary cost index automatic adjustment mechanism. Authorizes the Public Utilities Commission to waive or exempt any water carrier from any requirement under the Hawaii Water Carrier Act. By 7/1/2026, requires the Public Utilities Commission to appoint a special overseer. Effective 7/1/3000. (HD2)

Discussed in Hearing