LD 882 (subjects: UTILITY DISTRICTS , REGULATION )
Official bill page at mainelegislature.org: http://www.mainelegislature.org/legis/bills/display_ps.asp?ld=882&PID=1456&snum=127
- Rep. Mark Dion of Portland: (D – District 43) — e-mail | Twitter
Rep. Sara Gideon of Freeport: (D – District 48) — e-mail | Twitter | Facebook
Rep. Jeff McCabe of Skowhegan: (D – District 107) — e-mail | Twitter | Facebook
|3/12/2015||House||Committee on Energy, Utilities and Technology suggested and ordered printed.
The Bill was REFERRED to the Committee on ENERGY, UTILITIES AND TECHNOLOGY.
Sent for concurrence. ORDERED SENT FORTHWITH.
|3/12/2015||Senate||On motion by Senator Woodsome of York, REFERRED to the Committee on Energy, Utilities and Technology, in concurrence.|
On motion of Representative DION of Portland, the Majority Ought Not to Pass Report was ACCEPTED.
Sent for concurrence. ORDERED SENT FORTHWITH.
On motion by Senator WOODSOME of York the Majority Ought Not to Pass Report ACCEPTED, in concurrence.
Placed in the Legislative Files (DEAD).
An Act To Ensure That Telephone Utility Reorganizations Advance the Economic Development and Information Access Goals of the State
Sec. 1. 35-A MRSA 708, sub- 2, A, as enacted by PL 1987, c. 141, Pt. A, 6, is amended to read:
(1) That the commission has reasonable access to books, records, documents and other information relating to the utility or any of its affiliates, except that the Public Utilities Commission may not have access to trade secrets unless it is essential to the protection of the interests of ratepayers or investors. The commission shall afford trade secrets and other information such protection from public disclosure as is provided in the Maine Rules of Civil Procedure;
(2) That the commission has all reasonable powers to detect, identify, review and approve or disapprove all transactions between affiliated interests;
(3) That the utility’s ability to attract capital on reasonable terms, including the maintenance of a reasonable capital structure, is not impaired;
(4) That the ability of the utility to provide safe, reasonable and adequate service is not impaired;
(5) That the utility continues to be subject to applicable laws, principles and rules governing the regulation of public utilities;
(6) That the utility’s credit is not impaired or adversely affected;
(7) That reasonable limitations be imposed upon the total level of investment in nonutility business, except that the commission may not approve or disapprove of the nature of the nonutility business;
(8) That the commission has reasonable remedial power including, but not limited to, the power, after notice to the utility and all affiliated entities of the issues to be determined and the opportunity for an adjudicatory proceeding, to order divestiture of or by the utility in the event that divestiture is necessary to protect the interest of the utility, ratepayers or investors. A divestiture order shall must provide a reasonable period within which the divestiture shall must be completed; and
(9) That neither ratepayers nor investors are adversely affected by the reorganization.
Sec. 2. 35-A MRSA 708, sub- 2, A-1 is enacted to read:
(1) Must find that the proposal will advance the economic development and information access goals of the State as set forth in section 7101, subsections 2 and 4;
(2) Must find that the reorganization does not result in changes to the location and the accessibility of the telephone utility’s management and operations, or the proportion and number of the telephone utility’s employees who reside in the State, that would adversely affect safety, reliability or quality of service; and
(3) Shall impose such terms, conditions or requirements as in the commission’s judgment are necessary to ensure that the reorganization provides an affirmative benefit to the public.
Sec. 3. 35-A MRSA 708, sub- 6 is enacted to read:
This bill requires the Public Utilities Commission to consider additional requirements before approving a reorganization involving a telephone utility with gross annual state revenues greater than $50,000,000. The commission may approve the reorganization only when it is satisfied that the proposal will advance the economic development and information access goals of the State; that the reorganization does not result in changes to the location and the accessibility of the telephone utility’s management and to employment levels in a manner that would adversely affect safety, reliability or quality of service; and that the reorganization provides an affirmative benefit to the public. The bill also removes the requirement that the Public Utilities Commission rule upon a request for the reorganization of a large telephone utility within 180 days.
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This information about LD 882 was last updated on 2016-05-12.
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