An Act providing for a moratorium on the privatization of public water and wastewater systems; establishing the Water Utility Reform Working Group; and making a repeal relating to valuation of acquired water and wastewater systems.

Summary

The bill stops any sale, lease or transfer of municipally owned water or sewer systems to private entities for one year, except in emergencies. It also establishes a Water Utility Reform Working Group to study the issue and recommend policies for fair rates, public ownership and stronger oversight. The legislation repeals the current valuation law that has facilitated such privatizations.

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

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