Pennsylvania 2025-2026 Regular Session

Pennsylvania House Bill HB943 Latest Draft

Bill / Introduced Version

                             
PRINTER'S NO. 1010 
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL 
No.943 
Session of 
2025 
INTRODUCED BY LAWRENCE, CIRESI, GILLEN, KUZMA, SHUSTERMAN AND 
ZIMMERMAN, MARCH 17, 2025 
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, MARCH 17, 2025 
AN ACT
Amending Title 66 (Public Utilities) of the Pennsylvania 
Consolidated Statutes, in rates and distribution systems, 
further providing for va luation of acquired water and 
wastewater systems.
The General Assembly of the Commonwealth of Pennsylvania 
hereby enacts as follows:
Section 1.  Section 1329 of Title 66 of the Pennsylvania 
Consolidated Statutes is amended by adding a subsection to read:
ยง 1329.  Valuation of acquired water and wastewater systems.
* * *
(f.1)  Independent Fiscal Office documentation.--Before the  
commencement of a proceeding of a fair market value acquisition 
of a selling utility, the selling utility shall request, receive 
and make available, in-person and via a publicly accessible 
Internet website, the following documentation from the 
Independent Fiscal Office:
(1)  An analysis of the costs and benefits of maintaining 
the selling utility under its current ownership structure.
(2)  An analysis of the costs and benefits of the selling 
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19 utility being acquired by an acquiring public utility under 
this section.
(3)  An analysis of the costs and benefits of the selling 
utility being acquired by an acquiring public utility under 
section 1327 (relating to acquisition of water and sewer 
utilities).
* * *
Section 2.  This act shall take effect in 60 days.
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