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Senate sends bill restricting 2006 nuclear cost law to Gov. Scott

The Senate gave the final stamp of approval Wednesday on a scaled-back measure that weakens a 2006 law allowing utilities to charge customers for nuclear projects in advance.

The unanimous vote came just hours after the Florida Supreme Court threw out a lawsuit challenging the state's nuclear cost recovery law.

Tampa Bay senators who sponsored SB 1472 said they regretted that the House deleted a provision allowing consumers to get rebates for failed projects. Still, they said, the bill is a big step forward for consumers.

"We have probably saved consumers hundreds of millions of dollars," said Sen. Wilton Simpson, R-Trilby, referring to a new tiered structure for deciding when to allow for advanced cost recovery.

The senators, including Sen. Jack Latvala and Sen. John Legg, said they would work next year to address more issues with the law. 

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