Old | New | Differences | |
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1 | 1 | ||
2 | 2 | ||
3 | 3 | LCO No. 267 1 of 2 | |
4 | 4 | ||
5 | 5 | General Assembly Proposed Bill No. 5017 | |
6 | 6 | January Session, 2019 | |
7 | 7 | LCO No. 267 | |
8 | 8 | ||
9 | 9 | ||
10 | 10 | Referred to Committee on ENERGY AND TECHNOLOGY | |
11 | 11 | ||
12 | 12 | ||
13 | 13 | Introduced by: | |
14 | 14 | REP. O'NEILL, 69th Dist. | |
15 | 15 | ||
16 | 16 | ||
17 | 17 | ||
18 | 18 | AN ACT REQUIRING PUBLIC SERVICE COMPANIES TO PROVIDE | |
19 | 19 | NOTICE REGARDING MERGERS, ACQUISITIONS AND CHANGES TO | |
20 | 20 | THEIR CORPORATE STRUCTURE. | |
21 | 21 | Be it enacted by the Senate and House of Representatives in General | |
22 | 22 | Assembly convened: | |
23 | 23 | ||
24 | 24 | That title 16 of the general statutes be amended to require public 1 | |
25 | 25 | service companies that plan to engage in a merger, acquisition or 2 | |
26 | 26 | change to their corporate structure to: 3 | |
27 | 27 | (1) Not less than thirty days prior to the scheduled merger, 4 | |
28 | 28 | acquisition or change to corporate structure, provide notice of such 5 | |
29 | 29 | merger, acquisition or change to corporate structure to the legislators 6 | |
30 | 30 | and municipal leaders that represent each municipality in which such 7 | |
31 | 31 | public service company operates; and 8 | |
32 | 32 | (2) For a period of not less than thirty days prior to the scheduled 9 | |
33 | 33 | merger, acquisition or change to corporate structure, accept public 10 | |
34 | 34 | comments regarding such merger, acquisition or changes to corporate 11 | |
35 | 35 | structure. 12 Proposed Bill No. 5017 | |
36 | 36 | ||
37 | 37 | ||
38 | 38 | LCO No. 267 2 of 2 | |
39 | 39 | ||
40 | 40 | Statement of Purpose: | |
41 | 41 | To require public service companies to provide notice regarding | |
42 | 42 | mergers, acquisitions and changes to their corporate structure. |