Hawaii 2024 Regular Session

Hawaii House Bill HB2615 Compare Versions

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

Old	New	Differences
1	1	HOUSE OF REPRESENTATIVES H.B. NO. 2615 THIRTY-SECOND LEGISLATURE, 2024 STATE OF HAWAII A BILL FOR AN ACT relating to public utilities. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
2	2
3	3	HOUSE OF REPRESENTATIVES H.B. NO. 2615
4	4	THIRTY-SECOND LEGISLATURE, 2024
5	5	STATE OF HAWAII
6	6
7	7	HOUSE OF REPRESENTATIVES
8	8
9	9	H.B. NO.
10	10
11	11	2615
12	12
13	13	THIRTY-SECOND LEGISLATURE, 2024
14	14
15	15
16	16
17	17	STATE OF HAWAII
18	18
19	19
20	20
21	21
22	22
23	23
24	24
25	25
26	26
27	27
28	28
29	29
30	30
31	31	A BILL FOR AN ACT
32	32
33	33
34	34
35	35
36	36
37	37	relating to public utilities.
38	38
39	39
40	40
41	41
42	42
43	43	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF HAWAII:
44	44
45	45
46	46
47	47	SECTION 1. Chapter 269, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows: "§269- Sale of public utility. (a) Notwithstanding section 269-19, the public utilities commission shall not approve the sale of a public utility, in whole or in part, to a private entity unless the public utilities commission has first solicited competitive offers for the purchase of the public utility from entities that operate under a non-investor-owned utilities ownership model. (b) For the purposes of this section, "investor-owned utilities ownership model" means a for-profit enterprise that is publicly or privately owned by shareholders and is operating as a public utility." SECTION 2. New statutory material is underscored. SECTION 3. This Act shall take effect upon its approval. INTRODUCED BY: _____________________________
48	48
49	49	SECTION 1. Chapter 269, Hawaii Revised Statutes, is amended by adding a new section to be appropriately designated and to read as follows:
50	50
51	51	"§269- Sale of public utility. (a) Notwithstanding section 269-19, the public utilities commission shall not approve the sale of a public utility, in whole or in part, to a private entity unless the public utilities commission has first solicited competitive offers for the purchase of the public utility from entities that operate under a non-investor-owned utilities ownership model.
52	52
53	53	(b) For the purposes of this section, "investor-owned utilities ownership model" means a for-profit enterprise that is publicly or privately owned by shareholders and is operating as a public utility."
54	54
55	55	SECTION 2. New statutory material is underscored.
56	56
57	57	SECTION 3. This Act shall take effect upon its approval.
58	58
59	59
60	60
61	61	INTRODUCED BY: _____________________________
62	62
63	63	INTRODUCED BY:
64	64
65	65	_____________________________
66	66
67	67
68	68
69	69
70	70
71	71	Report Title: Public Utilities Commission; Public Utilities; Sale; Approval; Non-Investor-Owned Utilities Description: Requires the PUC to solicit competitive offers from an entity operating under a non-investor-owned utilities ownership model before approving the sale of a public utility, in whole or in part, to a private entity. The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.
72	72
73	73
74	74
75	75
76	76
77	77	Report Title:
78	78
79	79	Public Utilities Commission; Public Utilities; Sale; Approval; Non-Investor-Owned Utilities
80	80
81	81
82	82
83	83	Description:
84	84
85	85	Requires the PUC to solicit competitive offers from an entity operating under a non-investor-owned utilities ownership model before approving the sale of a public utility, in whole or in part, to a private entity.
86	86
87	87
88	88
89	89
90	90
91	91
92	92
93	93	The summary description of legislation appearing on this page is for informational purposes only and is not legislation or evidence of legislative intent.