H1277: Municipal Utilities

Legislative Summary

Requires certain public meetings as condition precedent to effectiveness of new or extended agreement under which municipality will provide specified utility services in other municipalities or unincorporated areas; specifies matters to be addressed in such public meetings; requires such agreements to be written; requires annual public customer meetings; limits portion of certain utility revenues that municipality may use to fund or finance general government functions; requires excess revenues to be reinvested into municipal utility or returned to customers; requires municipalities that provide specified utility services to report certain information by specified date to PSC on annual basis; requires PSC to compile certain information & submit report containing such information to Governor & Legislature by specified date; revises provisions relating to permissible rates, fees, & charges imposed by municipal water & sewer utilities on customers located outside municipal boundaries.