MO HB3437

Adds new requirement that no sale, assignment, lease, transfer, mortgage, disposition, encumbrance, merger, or consolidation of a public utility may proceed unless the Missouri Public Service Commission makes a finding that the transaction is in the public interest

Applies to all public utilities as defined in section 386.020, RSMo, including gas, electrical, water, and sewer corporations

Existing law already requires commission authorization for utility transactions, but does not explicitly mandate a "public interest" determination as a condition of approval

Transactions made without commission authorization remain void under existing provisions