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2010 SESSION

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HB 1246 Public utilities; limits disclosure requirement for any officer or director.

Introduced by: Timothy D. Hugo | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Officers and directors of public utilities; required disclosure.  Limits the disclosure requirement for any officer or director of a public utility with an ownership value of more than five percent or $50,000 in a contractor or subcontractor hired by the utility on a construction, engineering, or equipment contract or subcontract with a value or more than $750,000 to a utility that has its rates, tolls, charges, or schedules set by the Commission based on the public utility’s cost of providing service. The disclosure requirement currently applies to all utilities.


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