HB 739 Small water or sewer public utilities; rate changes.
Michele B. McQuigg | all patrons    ...    notes
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Summary:
Small water or sewer public utilities; rate changes. Prohibits small water and sewer companies from imposing rate increases or other changes in rates, fees, and charges prior to public hearings before and approval by the Virginia State Corporation Commission (SCC). The bill also prohibits interim rate increases. Under current law, a small water or sewer company may initiate rate changes upon 45 days' prior notice to its customers and the SCC. Thereafter, a public hearing on any proposed rate change will be held only if the SCC, a specified number of affected customers (the lesser of 25 percent or 250), or the utility itself requests one. When a hearing is ordered, the SCC has the further authority to suspend any utility-initiated rate increase or other changes for up to 60 days, and to declare them interim and subject to refund (with interest).

Full text:
01/23/98  House: Presented & ordered printed 984501354  pdf

Status:
01/23/98  House: Presented & ordered printed 984501354
01/23/98  House: Referred to Committee on Corporations, Insurance and Banking
02/05/98  House: Assigned to C. I. B. sub-committee: 4
02/12/98  House: Continued to 1999 in C. I. B. w/sub. (26-Y 0-N)