SB 334 – Requires that any person, corporation, or utility who wishes to acquire fifty percent or more of the total stock issued by the water or sewer corporation to get permission from the Public Service Commission

• Sponsor: Sifton
• LR Number: 1667S.01I
• Committee: Commerce, Consumer Protection, Energy and the Environment
• Last Action: 4/23/2013 - Hearing Conducted S Commerce, Consumer Protection, Energy and the Environment Committee
• Effective Date: August 28, 2013

Current Bill Summary

SB 334 - This act requires that any person, corporation, or utility who wishes to acquire fifty percent or more of the total stock issued by the water or sewer corporation must get permission from the Public Service Commission.

This act is similar to HB 788 (2013), and provisions contained in SCS/SB 294 (2013) and the truly agreed to and finally passed SS/SCS/HB 142 (2013).

KAYLA CRIDER