Connecticut 2013 Regular Session

Connecticut Senate Bill SB00945 Compare Versions

Version 1 (Old)

Version 2 (New)

Old	New		Differences
1		-	General Assembly Substitute Bill No. 945
2		-	January Session, 2013 _____SB00945ET____032213____
	1	+	General Assembly Raised Bill No. 945
	2	+	January Session, 2013 LCO No. 3458
	3	+	03458_______ET_
	4	+	Referred to Committee on ENERGY AND TECHNOLOGY
	5	+	Introduced by:
	6	+	(ET)
3	7
4	8		General Assembly
5	9
6		-	~~Substitute~~ Bill No. 945
	10	+	Raised Bill No. 945
7	11
8	12		January Session, 2013
9	13
10		-	_____SB00945ET____032213____
	14	+	LCO No. 3458
	15	+
	16	+	03458_______ET_
	17	+
	18	+	Referred to Committee on ENERGY AND TECHNOLOGY
	19	+
	20	+	Introduced by:
	21	+
	22	+	(ET)
11	23
12	24		AN ACT CONCERNING THE PAYMENT OF SECURITY DEPOSITS TO MUNICIPAL UTILITIES FURNISHING ELECTRIC, GAS OR WATER SERVICE.
13	25
14	26		Be it enacted by the Senate and House of Representatives in General Assembly convened:
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16		-	Section 1. (NEW) (Effective from passage) On or before January 1, 2014, each municipal utility furnishing electric, gas or water service shall develop a security deposit ~~plan~~ for new and existing commercial and industrial customers ~~that shall include,~~ ~~but not be limited to,~~ ~~requirements that~~ such utility shall ~~(1) accept an irrevocable letter of credit as an alternative to a cash security deposit when any such customer opens an account with such utility,~~ and (2) if any such customer provides a cash security deposit when opening an account with such utility, accept an irrevocable letter of credit and refund such deposit, provided such customer made nondelinquent payments on such account for the previous seven years. A municipal utility furnishing electric, gas or water service that has an existing security deposit plan shall not be required to include in such plan ~~any requirement of subdivision (1) or (2) of this section if such requirement is less favorable to the customer than a current requirement in such plan~~.
	28	+	Section 1. (NEW) (Effective from passage) On or before January 1, 2014, each municipal utility furnishing electric, gas or water service shall develop a plan for security deposit requirements for new and existing commercial and industrial customers and the return of such customers' security deposits for timely bill payment. Each such utility shall annually review and revise such plan as necessary.
17	29
18	30
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20	32
21	33		This act shall take effect as follows and shall amend the following sections:
22	34		Section 1 from passage New section
23	35
24	36		This act shall take effect as follows and shall amend the following sections:
25	37
26	38		Section 1
27	39
28	40		from passage
29	41
30	42		New section
31	43
32		-	Statement of ~~Legislative Commissioners~~:
	44	+	Statement of Purpose:
33	45
34		-	In ~~subdivision (2), "on~~ ~~such account" was inserted for clarity.~~
	46	+	To require municipal utilities to develop a plan to return security deposits of commercial and industrial customers in a timely manner.
35	47
36		-
37		-
38		-	ET Joint Favorable Subst.
39		-
40		-	ET
41		-
42		-	Joint Favorable Subst.
	48	+	[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not underlined.]