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MS HB1134
Bill
Status
Failed
2/2/2021
Primary Sponsor
Brent Powell
Click for details
AI Summary
- Electric cooperatives must annually file audited financial records, Form 990/tax returns, and pole attachment rates with the Public Service Commission and State Auditor
- Cooperatives must disclose all investments, loans, loan guarantees with rates and terms, as well as all agreements and transactions with broadband affiliates
- A confidential feasibility study for broadband services must be made available to ratepayers
- Cooperatives operating under the Broadband Enabling Act must mail election notices for board of directors separately from bills, with at least 90 days notice before elections or annual meetings
- Election results must be published via paid advertisement in newspapers circulating within the cooperative's certificated area
- Effective date: July 1, 2021
Legislative Description
Broadband Enabling Act; require electric cooperatives to annually file certain documents with PSC and State Auditor.
Last Action
Died In Committee
2/2/2021
Committee Referrals
Public Utilities1/18/2021
Full Bill Text
No bill text available