Allow cities and towns to construct electricity production facilities and clarify when revenue bonds can be issued for them.
AN ACT relating to cities and towns; clarifying that cities and towns are authorized to construct electricity production facilities; clarifying when revenue bonds can be issued for electricity production facilities; specifying that cities and towns operating electricity production facilities pursuant to an agreement are not public utilities; and providing for an effective date.
Sponsor:
Clarifies that cities and towns may construct and operate electricity production facilities, establishes conditions for issuing revenue bonds for such facilities, and exempts municipalities operating wholesale electricity generation under agreement from being classified as public utilities.
Effective: July 1, 2025
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3/3/2025(Senate)
S:Died in Committee Returned Bill Pursuant to SR 5-4
2/10/2025(Senate)
S No report prior to CoW Cutoff
1/14/2025(Senate)
S Introduced and Referred to S07 - Corporations
1/2/2025(Senate)
S Received for Introduction
12/20/2024(LSO)
Bill Number Assigned
No roll call votes recorded.