2023 -- H 5848 | |
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LC002173 | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2023 | |
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A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS -- REGULATORY POWER OF | |
ADMINISTRATION | |
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Introduced By: Representative Arthur Handy | |
Date Introduced: March 01, 2023 | |
Referred To: House Corporations | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 39-3-25 of the General Laws in Chapter 39-3 entitled "Regulatory |
2 | Powers of Administration" is hereby amended to read as follows: |
3 | 39-3-25. Proceedings for approval of transactions between utilities. |
4 | The proceedings for obtaining the consent and approval of the division commission for |
5 | such authority shall be as follows: There shall be filed with the division commission a petition, |
6 | joint or otherwise, as the case may be, signed and verified by the president and secretary of the |
7 | respective companies clearly setting forth the object and purposes desired; stating whether or not it |
8 | is for the purchase, sale, lease, or making of contracts or for any other purpose in § 39-3-24 |
9 | provided; and also the terms and conditions of the same. The division commission shall upon the |
10 | filing of the petition, if it deem a hearing necessary, fix a time and place for the hearing thereof. If, |
11 | after the hearing, or, in case no hearing is required, the division is satisfied that the prayer of the |
12 | The petition should may not be granted; that unless the facilities for furnishing service to the public |
13 | will not thereby be diminished; and that the purchase, sale, or lease and the terms thereof are |
14 | consistent with the public interest, it shall make such order in the premises as it may deem proper |
15 | and the circumstances may require. The public interest includes, but is not limited to, an interest in |
16 | rates, in competitive access to markets and elimination of all anti-competitive influence, in proper |
17 | administration and regulation of any utility functions, in environmental protection, in any interest |
18 | addressed in the petition, and in any other purpose of Rhode Island law or policy implicated by the |
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1 | proposed transaction. The commission shall allow intervention and advocacy by any citizen, |
2 | business or any other group seeking to advocate on or for any such element of the public interest. |
3 | It shall not deny participation on the premise that private commercial interests cannot also be in the |
4 | public interest or that any public interest is otherwise represented by any public agency or any other |
5 | party. Any commission order issued under this section is subject to appellate review under § 42- |
6 | 35-15. |
7 | SECTION 2. This act shall take effect upon passage. |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS -- REGULATORY POWER OF | |
ADMINISTRATION | |
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1 | This act would provide amendments to the procedures necessary for approval of |
2 | transactions between utilities. |
3 | This act would take effect upon passage. |
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