Pennsylvania legislation · 2025-2026 Regular Session
Pennsylvania HB945: An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, repealing provisions relating to valuation of acquired water and wastewater systems.
Status: In committee, March 17, 2025
What the bill says
Amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, repealing provisions relating to valuation of acquired water and wastewater systems.
From the introduced text, March 17, 2025:
Amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, repealing provisions relating to valuation of acquired water and wastewater systems. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 1329 of Title 66 of the Pennsylvania Consolidated Statutes is repealed: [§ 1329. Valuation of acquired water and wastewater systems. (a) Process to establish fair market value of selling utility.--Upon agreement by both the acquiring public utility or entity and the selling utility, the following procedure shall be used to determine the fair market value of the selling utility: (1) The commission will maintain a list of utility valuation experts from which the acquiring public utility or entity and selling utility will choose. (2) Two utility valuation experts shall perform two separate appraisals of the selling utility for the purpose of establishing its fair market value. (3) Each utility valuation expert shall determine fair market value in compliance with the Uniform Standards of Professional Appraisal Practice, employing the cost, market and income approaches. (4) The acquiring public utility or entity and selling utility shall engage the services of the same licensed engineer to conduct an assessment of the tangible assets of the selling utility. The assessment shall be incorporated into the appraisal under the cost approach required under paragraph …
Sponsors
- John Lawrence (R, 13) · primary sponsor
- Joseph Ciresi (D, 146)
- Mark Gillen (R, 128)
- Andrew Kuzma (R, 39)
- Melissa Shusterman (D, 157)
- David Zimmerman (R, 99)
- Keith Harris (D, 195)
Latest actions
- : Referred to LOCAL GOVERNMENT, March 17, 2025
Subjects: LOCAL GOVERNMENT
Common questions
- What is HB945?
- HB945 is a bill in the Pennsylvania Legislature (2025-2026 Regular Session): An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, repealing provisions relating to valuation of acquired water and wastewater systems.
- What does HB945 do?
- In its own words: Amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, repealing provisions relating to valuation of acquired water and wastewater systems.
- What is the status of HB945?
- In committee as of March 17, 2025. Latest action: Referred to LOCAL GOVERNMENT, March 17, 2025 (March 17, 2025).
- Who sponsored HB945?
- John Lawrence (R, 13), with 6 co-sponsors.
- Where is the official record for HB945?
- On the Pennsylvania Legislature website: https://www.palegis.us/legislation/bills/2025/hb945
Source: official Pennsylvania record. Tracked by Delilah, AI for legislation across all 50 states and Congress.