8-KOther Events

AMEREN CORP 8-K Report, Corporate Update (Jun 1, 2018)

Filed June 1, 2018For Securities:AEE

Summary

Ameren Corporation (AEE) announced in this Form 8-K filing dated June 1, 2018, a significant development regarding Missouri Senate Bill 564 (SB 564). The bill, which was previously discussed in an earlier 8-K filing on May 17, 2018, has now been signed into law by the Missouri governor. This legislation has direct implications for Ameren Missouri (Union Electric Company), a subsidiary of Ameren Corporation, particularly concerning the pass-through of tax savings to customers.

Key Highlights

  • 1Missouri Senate Bill 564 (SB 564) has been signed into law by the governor, effective immediately for certain provisions.
  • 2The law mandates the Missouri Public Service Commission to authorize rate reductions for customers reflecting the benefits of the Tax Cuts and Jobs Act of 2017.
  • 3The provisions requiring the immediate authorization of rate reductions for tax reform savings became effective on June 1, 2018.
  • 4The remaining provisions of SB 564 will become effective on August 28, 2018.
  • 5This filing serves as an update to the information previously disclosed regarding SB 564.
  • 6The filing is a combined Form 8-K for both Ameren Corporation and its subsidiary Union Electric Company (Ameren Missouri).

Frequently Asked Questions

The primary purpose of SB 564, now law, is to require the Missouri Public Service Commission to authorize Ameren Missouri to reduce rates and pass through the benefits of the Tax Cuts and Jobs Act of 2017 to its customers.

The provisions requiring the Missouri Public Service Commission to authorize rate reductions for customers to reflect the Tax Cuts and Jobs Act of 2017 became effective immediately upon the bill being signed into law on June 1, 2018.

Yes, the remainder of SB 564's provisions will become effective on August 28, 2018.

No, this filing primarily serves as an update to confirm that Missouri Senate Bill 564 has been signed into law, building upon previous disclosures made on May 17, 2018. It does not introduce new financial figures or entirely new regulatory frameworks beyond the enactment of this bill.