Bills › 88th General Assembly
Relating to the disposal and acquisition of city water utilities, including at-risk systems
Sponsored by the Senate Commerce (companion To Hf 2452 By Committee on Commerce) Committee
Topics:Business & economy
Where it is now
- Done: IntroducedFebruary 19, 2020
- Done: SubcommitteeJanuary 15, 2020
- Done: Senate committeeFebruary 18, 2020
- Done: Passes the SenateJune 12, 202049–0
- Skipped: House committeeSkipped
- Done: Passes the HouseMarch 11, 2020
- Done: To the GovernorJune 24, 2020
- Done: Signed into lawJune 25, 2020
HF 2452 became law → The same legislation passed as HF 2452, so this version was set aside. Go to HF 2452 What’s a funnel?
What’s in it
AI summary When a city sells a water utility that is considered "at-risk," the new owner can show the state they have the money needed for upgrades and ask for more time to follow certain rules. If the state agrees the new timeline makes sense, they must accept it. Additionally, the state's utilities board must make a final decision within 180 days when a company applies to buy one of these at-risk systems.1
Read the official explanation
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. 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.
Senate subcommittee
Named January 15, 2020 (as SSB 3008). Meeting: Thursday, February 13 · 12:30 PM · RM 315.
Three legislators hear a bill first and recommend what the committee should do; it’s the best time to weigh in. How to take part
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