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ID S1137
Bill
Status
3/10/2015
Primary Sponsor
State Affairs Committee
Click for details
AI Summary
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Amends Idaho Code Section 61-328 to revise the Public Utilities Commission's required findings for approving mergers, sales, leases, assignments, or transfers of electric utility property.
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Changes the first requirement from "consistent with" to "will better serve the public utility's customers and is in the public interest."
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Exempts sales of property dedicated to and serving only a single customer from PUC approval requirements, provided the sale does not increase costs to other rate-paying customers.
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Effective July 1, 2015, applies only to transactions filed with the commission on or after the effective date and does not apply to transactions pending before the effective date.
Legislative Description
Amends existing law to revise provisions relating to requisite findings of the Public Utilities Commission in regard to a merger, sale, lease, assign or transfer of property by an electric public utility or electrical corporation and to provide an exception.
ELECTRIC UTILITIES
Last Action
Reported Printed; referred to State Affairs
3/11/2015