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2020 SESSION
HB 835 Water utility or sewer utility asset acquisitions; fair market valuations.
Introduced by: Richard C. "Rip" Sullivan, Jr. | all patrons ... notes | add to my profiles
SUMMARY AS PASSED HOUSE: (all summaries)
Utility Transfers Act; water and sewer utilities; asset acquisitions. Directs the State Corporation Commission to establish rules governing fair market valuations of water utility or sewer utility asset acquisitions to determine the initial rate base for the purpose of post-acquisition rate recovery. Such rules shall identify information to be filed in addition to all other filing requirements in the Utility Transfers Act (§ 56-88 et seq.). This bill is identical to SB 831.
FULL TEXT
- 01/07/20 House: Prefiled and ordered printed; offered 01/08/20 20104894D pdf | impact statement
- 01/28/20 House: Committee substitute printed 20106909D-H1 pdf | impact statement
- 03/04/20 House: Bill text as passed House and Senate (HB835ER) pdf | impact statement
- 03/31/20 Governor: Acts of Assembly Chapter text (CHAP0518) pdf
AMENDMENTS
HISTORY
- 01/07/20 House: Prefiled and ordered printed; offered 01/08/20 20104894D
- 01/07/20 House: Referred to Committee on Labor and Commerce
- 01/28/20 House: Committee substitute printed 20106909D-H1
- 01/28/20 House: Reported from Labor and Commerce with substitute (19-Y 0-N)
- 01/30/20 House: Read first time
- 01/31/20 House: Read second time
- 01/31/20 House: Committee substitute agreed to 20106909D-H1
- 01/31/20 House: Engrossed by House - committee substitute HB835H1
- 02/03/20 House: Read third time and passed House BLOCK VOTE (99-Y 0-N)
- 02/03/20 House: VOTE: Block Vote Passage (99-Y 0-N)
- 02/04/20 Senate: Constitutional reading dispensed
- 02/04/20 Senate: Referred to Committee on Commerce and Labor
- 02/17/20 Senate: Reported from Commerce and Labor (14-Y 0-N)
- 02/17/20 Senate: Rereferred to Finance and Appropriations
- 02/25/20 Senate: Reported from Finance and Appropriations (14-Y 0-N)
- 02/26/20 Senate: Constitutional reading dispensed (38-Y 0-N)
- 02/27/20 Senate: Read third time
- 02/27/20 Senate: Passed Senate (40-Y 0-N)
- 03/04/20 House: Enrolled
- 03/04/20 House: Bill text as passed House and Senate (HB835ER)
- 03/05/20 House: Signed by Speaker
- 03/05/20 Senate: Signed by President
- 03/12/20 House: Enrolled Bill communicated to Governor on March 12, 2020
- 03/12/20 Governor: Governor's Action Deadline 11:59 p.m., April 11, 2020
- 03/31/20 Governor: Approved by Governor-Chapter 518 (effective 7/1/20)
- 03/31/20 Governor: Acts of Assembly Chapter text (CHAP0518)