Bills › 88th General Assembly
Relating to the disposal and acquisition of city water utilities, including at-risk systems
Sponsored by the House Commerce Committee
Topics:Business & economy
Where it is now
- Done: IntroducedFebruary 19, 2020
- Skipped: SubcommitteeSkipped
- Done: House committeeMarch 11, 2020
- Done: Passes the HouseMarch 11, 2020
- Skipped: Senate committeeSkipped
- Done: Passes the SenateJune 12, 202049–0
- Done: To the GovernorJune 24, 2020
- Done: Signed into lawJune 25, 2020
Signed into law What’s a funnel?
What’s in it
This bill relates to the disposal and acquisition of city water utilities. The bill defines the term “at-risk system” as it relates to city water utilities. Under the bill, when a city utility system that is disposed of by sale is an at-risk system, the new owner may provide to the department of natural resources proof of the availability of financial resources to meet system upgrade requirements and provide a revised timetable for compliance with department rules. If the department determines that the revised timetable is reasonable based on the information provided by the new owner, the department shall agree to the timetable.
Read the full explanation
The bill requires the utilities board within the utilities division of the department of commerce to issue a final order within 180 days when a public utility applies for approval of the acquisition of an at-risk system.
Iowa Code it changes
Creates§455B.199D
Amends§476.84
Lobbying
2 for · 3 against · 18 undecided · Who →
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88th General Assembly