HB 207: Acquisition of Water and Wastewater Systems
GENERAL BILL by McClain ; (CO-INTRODUCERS) Santiago
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: 2/25/2020 House - On Committee agenda-- Commerce Committee, 02/27/20, 8:00 am, Webster Hall
Bill Text: PDF
• Referred to Energy and Utilities Subcommittee; Government Operations and Technology Appropriations Subcommittee; Commerce Committee -HJ 22
• On Committee agenda-- Energy and Utilities Subcommittee, 01/15/20, 9:30 am, Webster Hall
• Introduced -HJ 22
• Favorable by Energy and Utilities Subcommittee; YEAS 15 NAYS 0 -HJ 391
• Now in Government Operations and Technology Appropriations Subcommittee -HJ 391
• On Committee agenda-- Government Operations and Technology Appropriations Subcommittee, 01/28/20, 12:00 pm, Morris Hall
• Favorable by Government Operations and Technology Appropriations Subcommittee; YEAS 11 NAYS 0 -HJ 448
• Now in Commerce Committee -HJ 448
• On Committee agenda-- Commerce Committee, 02/27/20, 8:00 am, Webster Hall
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