A bill for an act relating to certain public utilities, including the development of ratemaking principles permitted for recovery costs of certain investments in infrastructure by water and wastewater utilities and cost considerations for acquisitions of water, sanitary sewer, or storm water utilities.

Summary

The bill creates principles for how water, sanitary sewer, and storm‑water utilities can set rates to recover the costs of infrastructure investments. It also sets out how costs should be considered when these utilities are bought or merged. The measure aims to provide clearer, more predictable pricing for utility customers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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