Connecticut 2021 Regular Session

Connecticut Senate Bill SB00864 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
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4	4	LCO No. 3173 1 of 3
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6	6	General Assembly Raised Bill No. 864
7	7	January Session, 2021
8	8	LCO No. 3173
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11	11	Referred to Committee on ENERGY AND TECHNOLOGY
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14	14	Introduced by:
15	15	(ET)
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20	20	AN ACT CONCERNING TH E VALUATION OF CERTA IN PROPERTIES
21	21	FOR MUNICIPAL PURCHA SE.
22	22	Be it enacted by the Senate and House of Representatives in General
23	23	Assembly convened:
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25	25	Section 1. Section 7-213 of the general statutes is repealed and the 1
26	26	following is substituted in lieu thereof (Effective July 1, 2021): 2
27	27	For purposes of this chapter, "municipality" means any town, city or 3
28	28	borough. Any municipality may, under the limitations of this chapter, 4
29	29	construct, purchase, lease or establish, and maintain one or more plants 5
30	30	for the manufacture and distribution of gas or electricity for furnishing 6
31	31	light for municipal use and for the use of such of its inhabitants as may 7
32	32	require and pay for the same. [Such] Except as provided in subsections 8
33	33	(b) and (c) of section 7-226, as amended by this act, such plants may 9
34	34	include suitable lands, structures, easements, water privileges, stations, 10
35	35	gasometers, boilers, engines, dynamos, tools, machinery, pipes, 11
36	36	conduits, poles, conductors, burners, lamps and other apparatus and 12
37	37	appliances for making, generating, distributing and using gas or 13
38	38	electricity for lighting purposes. Notwithstanding any provision of a 14
39	39	special act or municipal charter to the contrary, any municipality that 15 Raised Bill No. 864
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43	43	LCO No. 3173 2 of 3
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45	45	owns or operates one or more plants for the manufacture or distribution 16
46	46	of electricity pursuant to this section or any special act may own or 17
47	47	operate a community antenna television system, as defined in section 18
48	48	16-1, for the purpose of providing community antenna television 19
49	49	service, as defined in said section, for its residents and residents of the 20
50	50	municipalities within the franchise area of which it is a part. 21
51	51	Sec. 2. Section 7-226 of the general statutes is repealed and the 22
52	52	following is substituted in lieu thereof (Effective July 1, 2021): 23
53	53	(a) [The] Except as provided in subsections (b) and (c) of this section, 24
54	54	the price to be paid for such plant, whether gas, electric or both, shall be 25
55	55	its fair market value for the purposes of its use, no portion of such plant 26
56	56	to be estimated at less than its fair market value for any other purpose, 27
57	57	including as an element of value the earning capacity of such plant, 28
58	58	based upon the actual earnings being derived from such use at the time 29
59	59	of the final vote of such municipality to establish a plant, and also 30
60	60	including the market value of any other locations or similar rights 31
61	61	acquired by the owners of such plant or plants, intended and adapted 32
62	62	for use in connection with such plant or plants, to be sold less the 33
63	63	amount of any mortgage or other encumbrance or lien to which such 34
64	64	plant or plants or any part thereof may be subject at the time of the 35
65	65	transfer of title; but such municipality may require that such plant or 36
66	66	property shall be transferred to it free and clear of any mortgage or lien, 37
67	67	unless the Superior Court, through its special commission as provided 38
68	68	in section 7-228, otherwise determines. 39
69	69	(b) The price to be paid for a substation shall be one hundred 40
70	70	thousand dollars. 41
71	71	(c) The price to be paid for a utility pole shall be five hundred dollars. 42
72	72	This act shall take effect as follows and shall amend the following
73	73	sections:
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75	75	Section 1 July 1, 2021 7-213
76	76	Sec. 2 July 1, 2021 7-226
77	77	Raised Bill No. 864
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81	81	LCO No. 3173 3 of 3
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83	83	Statement of Purpose:
84	84	To provide a value for the municipal purchase of substations and utility
85	85	poles.
86	86	[Proposed deletions are enclosed in brackets. Proposed additions are indicated by underline, except
87	87	that when the entire text of a bill or resolution or a section of a bill or resolution is new, it is not
88	88	underlined.]
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