SB 1018
Creates provisions relating to reimbursing utilities for facility relocation costs
LR Number:
4442S.01I
Last Action:
4/3/2024 - SCS Voted Do Pass S Commerce, Consumer Protection, Energy and the Environment Committee (4442S.03C)
Journal Page:
Title:
Effective Date:
August 28, 2024

Current Bill Summary

SCS/SB 1018 - Under the act, a municipality shall reimburse any nonrate regulated utility provider, as defined in the act, from its treasury for any costs associated with facility relocation required due to road maintenance or construction.

The State Road Fund shall be used for reimbursing nonrate regulated utility providers for any costs associated with facility relocation under the act.

The Department of Transportation shall reimburse nonrate regulated utility providers for any costs associated with facility relocation under the act.

The act is substantially similar to provisions in HCS/SB 1039 (2024), provisions in HCS/HB 2056 (2024), and similar to provisions in SCS/HCS/HB 1746 (2024).

JULIA SHEVELEVA

Amendments

No Amendments Found.