Bill Summary for H 351 (2017-2018)

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Bill: UTILITIES/RATE BASE/FAIR VALUE DETERMINATION.

Summary date: 

Jun 25 2018
S.L. 2018-51

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 351 (Public) Filed Tuesday, March 14, 2017
AN ACT AUTHORIZING WATER AND WASTEWATER PUBLIC UTILITIES TO ELECT TO USE A FAIR VALUE DETERMINATION FOR RATE-MAKING PURPOSES WHEN ACQUIRING UTILITIES OWNED BY COUNTIES, MUNICIPALITIES, OR OTHER GOVERNMENTAL ENTITIES.
Intro. by Watford, Collins.

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Bill summary

AN ACT AUTHORIZING WATER AND WASTEWATER PUBLIC UTILITIES TO ELECT TO USE A FAIR VALUE DETERMINATION FOR RATE-MAKING PURPOSES WHEN ACQUIRING UTILITIES OWNED BY COUNTIES, MUNICIPALITIES, OR OTHER GOVERNMENTAL ENTITIES. Enacted June 25, 2018. Effective June 25, 2018.