SB 790
Requiring quarterly reporting by certain water and wastewater utilities
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- Passed Senate
- Passed House of Delegates
- To Governor
- Became Law
Bill overview
This bill requires certain water and wastewater utilities, known as Public Service Districts (PSDs), in West Virginia to report their financial and operational data on a quarterly basis. The Public Service Commission (PSC) will have increased oversight, including mandatory audits, continuing education requirements for board members, scheduled inspections, and funding transparency. The goal is to improve service reliability and public trust through enhanced regulatory scrutiny.
Key provisions
- Quarterly financial and operational reporting for PSDs.
- Mandatory biennial audits and annual financial transparency reports for PSDs.
- Requirement for board members and senior management to complete continuing education.
- PSC authority to conduct scheduled and unscheduled inspections of PSDs.
- Establishment of structural guidelines for PSD operations.
- Requirement for PSDs to submit annual reports detailing revenue, expenditures, and infrastructure investments.
- Granting the PSC authority to recommend corrective actions for non-compliance.
- Creation of a resource center within the PSC to assist PSDs with funding opportunities.
Who is affected
- Public Service Districts (PSDs)
- West Virginia Residents (who rely on PSD services)
- The Public Service Commission (PSC)
- State Government
- Water and Wastewater Utilities
Notable changes
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