SB 5692-S - DIGEST

(NOT SUBSTITUTED FOR - SEE ORIGINAL BILL)

     Authorizes an electrical, gas, or water company to file a conservation service tariff with the utilities and transportation commission.

     Directs the commission to include in the rate base all bondable conservation investments.

     Authorizes electrical, gas, water companies, or finance subsidiaries to issue conservation bonds.

     Creates a security interest in conservation investment assets.