Connecticut 2015 Regular Session

Connecticut House Bill HB05469 Compare Versions

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11 General Assembly Committee Bill No. 5469
22 January Session, 2015 LCO No. 5360
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3+ *05360HB05469ET_*
44 Referred to Committee on ENERGY AND TECHNOLOGY
55 Introduced by:
66 (ET)
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88 General Assembly
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1010 Committee Bill No. 5469
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1212 January Session, 2015
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1414 LCO No. 5360
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16-*_____HB05469ET____032515____*
16+*05360HB05469ET_*
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1818 Referred to Committee on ENERGY AND TECHNOLOGY
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2020 Introduced by:
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2222 (ET)
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2424 AN ACT REQUIRING MUNICIPAL ELECTRIC UTILITIES TO RETURN CORPORATE SECURITY DEPOSITS.
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2626 Be it enacted by the Senate and House of Representatives in General Assembly convened:
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2828 Section 1. Section 7-222 of the general statutes is amended by adding subsection (c) as follows (Effective October 1, 2015):
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3030 (NEW) (c) Each municipal electric utility, as defined in section 7-233b of the general statutes, shall return seventy-five per cent of the deposit, as described in subsection (a) of this section, to each nonresidential electric customer after such customer makes continuous and timely payments for electric service for a period of nine months.
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3535 This act shall take effect as follows and shall amend the following sections:
3636 Section 1 October 1, 2015 7-222
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3838 This act shall take effect as follows and shall amend the following sections:
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4040 Section 1
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4242 October 1, 2015
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4444 7-222
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46+Statement of Purpose:
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48+To create a deposit return procedure for municipal electric utilities.
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50+[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.]
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48-ET Joint Favorable
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54+Co-Sponsors: REP. RUTIGLIANO, 123rd Dist.
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52-Joint Favorable
56+Co-Sponsors:
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58+REP. RUTIGLIANO, 123rd Dist.
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60+H.B. 5469