HB 3179
Funding for failing public utilities
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Sign in to take action- Introduced
- Passed House of Delegates
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill modifies West Virginia’s regulations regarding the state’s utility commission’s authority to order the acquisition of struggling water and wastewater utilities. It limits the commission’s ability to force acquisitions and requires them to explore alternatives like reorganization, contract agreements, or receivership before ordering an acquisition. The bill also mandates the commission to report a list of designated distressed or failing utilities to the legislature annually and establishes a financial threshold to prevent acquisitions that would cause significant capital improvements costs for the acquiring utility.
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