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Committee hears substitute to regulate private surface-water utilities; PSC warns of staffing needs
Summary
Members heard testimony on a substitute to HB 449 that would subject private surface-water utilities to public-service commission oversight for certain rate increases; the PSC said regulating water would require more staff and the industry warned of higher costs to customers.
The House Agriculture & Consumer Affairs Committee held a hearing on a substitute to HB 449 (LC550562S) that would impose oversight on privately owned utilities that use surface water and would require justification to the Public Service Commission for rate increases above specified thresholds.
Sponsor Trey Rhodes told the committee the substitute targets private companies that supply surface water and would require a private utility to justify to the PSC any cumulative increase of 15% over a three-year period; tap fees and capital expenditures would be excluded from that…
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