SB 0740 | Regulates gas/electric utilities and entities that sell related equipment in affiliation with utility |
Sponsor: | McKenna | |||
LR Number: | S2485.01I | Fiscal Note: | 2485-01 | |
Committee: | Commerce and Environment | |||
Last Action: | 01/19/98 - Referred S Commerce & Environment Committee | Journal page: | S77 | |
Title: | ||||
Effective Date: | August 28, 1998 | |||
SB 740 - This act regulates the relationship between gas and electric utilities and entities that sell, repair or install utility-related equipment in an affiliation with a utility.
Utility is defined broadly in this act. A utility may not provide such services except through an affiliate unless it has been doing so for five years. The utility may not grant or provide any unfair privilege to the affiliate, may not direct customers to the affiliate, and may not provide financial support to the affiliate. An affiliate may not use a name similar to that of the utility nor co-locate its business with the utility. Violation of these provisions is a civil penalty and subject to a civil fine of up to $25,000.
Portions of this act do not apply to certain existing
contracts, however, once the contract expires, such parties may
be subject to this act. The Public Service Commission has
jurisdiction over utilities and their affiliates. Similar
provisions of this act are truly agreed to in HB 1038.
JOAN GUMMELS