SB421: 'Georgia Utility Rate Reduction Act (GURRA)'; enact

Legislative Summary

A BILL to be entitled an Act to amend Title 46 of the Official Code of Georgia Annotated, relating to public utilities and public transportation, so as to enact the "Georgia Utility Rate Reduction Act (GURRA)"; to promote utility securitization to lower costs for customers of investor owned utilities; to provide for statutory construction; to provide for the applicability of Title 11, the "Uniform Commercial Code — Secured Transactions"; to provide for related matters; to repeal conflicting laws; and for other purposes.