Enrolled House Bill (H)

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DIGEST

Acquisition of distressed utilities. Provides that a public water or wastewater utility that acquires the utility property of a "distressed utility" may petition the utility regulatory commission to include the "cost differential" associated with the acquisition as part of its rate base. Requires the commission to approve a petition under certain circumstances. Requires the commission to report annually to the interim study committee on energy, utilities, and telecommunications concerning such acquisitions. Requires the department of natural resources (department) to cooperate with the United States Geological Survey (USGS) to establish a program under which volunteers may monitor the water resource (which Acquisition of distressed utilities. Provides that a public water or wastewater utility that acquires the utility property of a "distressed utility" may petition the utility regulatory commission to include the "cost differential" associated with the acquisition as part of its rate base. Requires the commission to approve a petition under certain circumstances. Requires the commission to report annually to the interim study committee on energy, utilities, and telecommunications concerning such acquisitions. Requires the department of natural resources (department) to cooperate with the United States Geological Survey (USGS) to establish a program under which volunteers may monitor the water resource (which includes both ground and surface water) and provide monitoring data to the natural resources commission, the department, and the USGS. ... View more