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Committee reports House Bill 3179 to full Senate, limits forced acquisition of failing utilities
Summary
A Senate committee voted to report House Bill 3179 to the full Senate with a recommendation that it pass. The bill would bar the Public Service Commission from ordering a utility to acquire a distressed utility if required capital improvements would impose costs beyond expected contributions and available Water Development Authority grants.
A Senate committee on an unspecified date reported House Bill 3179 to the full Senate with a recommendation that it pass. Kelsey, committee counsel, explained the bill’s purpose before the committee voted to report it.
Kelsey told the panel, “The purpose of this bill is to prevent utilities that are ordered to acquire distressed or failing utilities from being forced to absorb costs they cannot feasibly bear.” The measure would prohibit the Public…
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