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CS/HB 347: Utility Projects

GENERAL BILL by Finance and Tax Committee ; Sprowls ; (CO-INTRODUCERS) Caldwell

Utility Projects; Authorizes certain local agencies to apply to certain local government agencies to finance costs of certain utility projects by issuing utility cost containment bonds; provides criteria in applying for funds; provides criteria of drafting financing resolution; provides procedures to establish or adjust utility projects; provides requirements for collection of project charges; specifies legal status of project charges for securing payment of bonds; specifies payment obligations & legal status of utility cost containment bonds.

Effective Date: 7/1/2016
Last Action: 3/28/2016 - Chapter No. 2016-124
Location: Became Law
Bill Text: PDF



Bill History

Date Chamber Action
10/9/2015 House • Filed
10/30/2015 House • Referred to Energy and Utilities Subcommittee; Finance and Tax Committee; Regulatory Affairs Committee -HJ 31
11/10/2015 House • On Committee agenda-- Energy and Utilities Subcommittee, 11/17/15, 9:00 am, Webster Hall
11/17/2015 House • Favorable by Energy and Utilities Subcommittee; YEAS 11 NAYS 1 -HJ 160
• Now in Finance and Tax Committee -HJ 160
11/24/2015 House • On Committee agenda-- Finance and Tax Committee, 12/01/15, 12:00 pm, Morris Hall
12/1/2015 House • CS by Finance and Tax Committee; YEAS 15 NAYS 0 -HJ 164
12/2/2015 House • Pending review of CS under Rule 7.19(c)
12/3/2015 House • Now in Regulatory Affairs Committee -HJ 156
1/12/2016 House • Introduced -HJ 31
• On Committee agenda-- Regulatory Affairs Committee, 01/14/16, 8:00 am, Sumner Hall
• CS by Finance and Tax Committee read 1st time -HJ 145
1/14/2016 House • Favorable by- Regulatory Affairs Committee; YEAS 14 NAYS 0 -HJ 218
• Placed on Calendar -HJ 218
2/29/2016 House • Placed on Special Order Calendar, 03/02/16
3/2/2016 House • Read 2nd time -HJ 669
• Amendment(s) adopted (822187, 904239) -HJ 670
• Placed on 3rd reading
3/3/2016 House • Read 3rd time -HJ 705
• CS passed as amended; YEAS 116 NAYS 0 -HJ 706
3/3/2016 Senate • In Messages
• Referred to Communications, Energy, and Public Utilities; Finance and Tax; Communications, Energy, and Public Utilities; Appropriations -SJ 645
• Received -SJ 645
3/9/2016 Senate • Withdrawn from Communications, Energy, and Public Utilities; Finance and Tax; Communications, Energy, and Public Utilities; Appropriations -SJ 908
• Placed on Calendar, on 2nd reading -SJ 908
• Substituted for CS/CS/SB 324 -SJ 908
• Read 2nd time -SJ 908
• Placed on 3rd reading
3/10/2016 Senate • Read 3rd time -SJ 921
• CS passed; YEAS 39 NAYS 0 -SJ 921
3/10/2016 House • Ordered enrolled -HJ 1046
3/11/2016 • Signed by Officers and presented to Governor -HJ 1434
3/25/2016 • Approved by Governor
3/28/2016 • Chapter No. 2016-124