Water & wastewater utilities; eligible infrastructure replacement and enhancement.
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What it does
Official summary
Water utilities and wastewater utilities; eligible infrastructure replacement and enhancement; cost recovery. Permits a water or wastewater utility to petition the State Corporation Commission for the approval of an eligible infrastructure replacement and enhancement plan, as defined in the bill. The bill requires that a water or wastewater utility that receives approval for an eligible infrastructure replacement and enhancement rider shall provide a proposed earnings test for informational purposes in each annual informational filing or base rate proceeding filed with the State Corporation Commission before December 1, 2030.
More detail
The provisions of the bill expire on July 1, 2035. As introduced, this bill was a recommendation of the State Water Commission. This bill is identical to SB 850.
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More on this bill
Where it stands
Introduced
Passed House
Passed Senate
To Governor
Became Law
Looking ahead
No hearings or votes scheduled.
History
2025
Mar 24Acts of Assembly Chapter text (CHAP0501)Latest