HB 1297: Acquisition Of Water and Wastewater Systems
GENERAL BILL by Bell
Acquisition Of Water and Wastewater Systems; Authorizes certain water & wastewater utilities to establish rate base value by using fair market value when acquiring utility system; establishes procedure in determining fair market value; requires rate base value to be reflected in acquiring utility's next rate case for rate-making purposes; specifies contents required for an application to PSC for approval of rate base value of utility system; specifies duties of commission in approving or denying an application; requires commission to adopt rules.
Last Action: 5/3/2019 House - Died in Energy and Utilities Subcommittee
Bill Text: PDF
• Introduced -HJ 129
• Referred to Energy and Utilities Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 378
• Indefinitely postponed and withdrawn from consideration
• Died in Energy and Utilities Subcommittee
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