Dollars and influence: Florida utilities lobby hard to kill bill curbing profits, lawmaker says
A bill that would curb Florida utility companies’ profits and force them to disclose their executives’ pay passed its first committee in Tallahassee this week.
Even the bill sponsor, Republican Sen. Don Gaetz, was a little surprised.
“As recently as 15 minutes before I presented the bill, I was told I did not have the votes,” Gaetz said, adding that a legislative staffer had delivered the message.
Utility companies are some of the most powerful special interests in Florida. And they have been lobbying hard behind-the-scenes to kill Senate Bill 354, Gaetz said.
“Other senators have told me that they have faced some pretty significant lobbying,” he said, calling the industry effort “fierce and well funded.” He previously told the Tampa Bay Times that executives with Florida Power & Light met with him days after he filed the proposal to voice their opposition.
Gaetz’s bill initially faced even longer odds because it did not have a House companion. Proposals need to pass both chambers of the Legislature to become law.