Pennsylvania HB946: An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, further providing for valuation of acquired water and wastewater systems.

What the bill says

Amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, further providing for 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, further providing for valuation of acquired water and wastewater systems. The General Assembly of the Commonwealth of Pennsylvania hereby enacts as follows: Section 1. Section 1329(d)(1) and (3) of Title 66 of the Pennsylvania Consolidated Statutes are amended and the section is amended by adding a subsection to read: § 1329. Valuation of acquired water and wastewater systems. * * * (d) Acquisitions by public utility.--The following apply: (1) If the acquiring public utility and selling utility agree to use the process outlined in subsection (a), the acquiring public utility shall include the following as an attachment to its application for commission approval of the acquisition filed pursuant to section 1102 (relating to enumeration of acts requiring certificate): (i) Copies of the two appraisals performed by the utility valuation experts under subsection (a). (ii) The purchase price of the selling utility as agreed to by the acquiring public utility and selling utility. (iii) The ratemaking rate base determined pursuant to subsection (c)(2). (iv) The transaction and closing costs incurred by the acquiring public utility that will be included in its rate base. (v) A tariff containing a rate equal to the existing rates of the selling utility at the time of the acquisition and a …

Read the full official text

Sponsors

• John Lawrence (R, 13) · primary sponsor
• Joseph Ciresi (D, 146)
• Mark Gillen (R, 128)
• Melissa Shusterman (D, 157)
• David Zimmerman (R, 99)
• Keith Harris (D, 195)

Latest actions

1. March 17, 2025: Referred to LOCAL GOVERNMENT, March 17, 2025

Common questions

What is HB946?

HB946 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, further providing for valuation of acquired water and wastewater systems.

What does HB946 do?

In its own words: Amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, further providing for valuation of acquired water and wastewater systems.

What is the status of HB946?

In committee as of March 17, 2025. Latest action: Referred to LOCAL GOVERNMENT, March 17, 2025 (March 17, 2025).

Who sponsored HB946?

John Lawrence (R, 13), with 5 co-sponsors.

Where is the official record for HB946?

On the Pennsylvania Legislature website: https://www.palegis.us/legislation/bills/2025/hb946