IA SF2443

Governing bodies of city utilities, combined utility systems, or city enterprises may hold closed sessions to discuss marketing strategies, pricing strategies, or proprietary information by a two-thirds vote of members

Closed sessions are permitted when public disclosure would harm the competitive position of the city utility, other public utilities, or third-party utility vendors, and when competitors are not required to disclose similar information

Minutes and audio/audiovisual recordings from closed sessions must be made publicly available once disclosure would no longer harm the utility's competitive position

Expands the definition of "proprietary information" to apply to the entire section rather than just one subsection, and includes customer records that could harm competitive positions if disclosed

Proprietary information also covers nondisclosure agreement materials related to electric transmission planning, critical energy infrastructure, generation capacity planning, energy markets/prices, and ownership interests in electric generating facilities