Bills › 88th General Assembly
SSB 3008
Where it is now
- Done: IntroducedJanuary 15, 2020
- Done: SubcommitteeJanuary 15, 2020
- Done: Senate committeeFebruary 18, 2020
- Skipped: Passes the SenateContinued as SF 2312
- Next: House committee
- Next: Passes the House
- Next: To the Governor
- Next: Signed into law
Became SF 2312 → Its progress continues under the new number. Go to SF 2312 What’s a funnel?
What’s in it
AI summary Cities with small water systems would only need one appraisal to find out what their utility is worth instead of two. If a city sells a water system that is considered "at-risk," the new owner can show proof of funds and work with the state to create a new schedule for making necessary repairs. Additionally, the state 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. _____ appraiser, among other factors. The bill requires a governing body to seek two appraisals only when the system has more than 2,000 connections; otherwise the governing body only needs to seek one appraisal. 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. 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
Lobbying
2 for · 3 against · 18 undecided · Who →
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88th General Assembly