HB 773: Municipal Utilities
GENERAL BILL by Brackett
Municipal Utilities; Authorizes municipality to transfer portion of its public utility earnings to its general fund; requires that such percentages be established or reestablished by local referendum, subject to majority vote; provides exception to percentage restrictions in event of disaster or emergency; authorizes such percentages to be established by passage of resolution, by four-fifths vote; requires such percentages to be repaid to general fund within specified time period; prohibits municipality from transferring portion of its public utility earnings in certain instances; prohibits ability of municipality to receive certain state funds if such prohibited transfer is effected; requires specified disclosure in budget & financial report of municipality.
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Bill History
Date Chamber Action 12/15/2025 House • Filed
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HB 773, Original Filed Version (Current Bill Version) Posted 12/15/2025 at 12:50 PM
Bill Text: PDF Analyses: None Citations - Statutes (1)
Citation Catchline Location in Bill Location In Bill Help 366.16 Page 2 (pdf)