SB17 modifies the rules the Public Utilities Commission can use when requiring companies to post indemnity bonds (financial guarantees to cover potential damages). The bill adjusts what conditions the Commission can place on these bonds and how they operate, giving the Commission updated authority over this financial protection requirement for regulated utilities.
This bill does not directly amend codified state law.
Commerce and Energy Tabled Passed, YEAS 12, NAYS 0. H.J. 181
Commerce and Energy Scheduled for hearing
First read in House and referred to House Commerce and Energy H.J. 147
Senate Do Pass Amended Passed, YEAS 34, NAYS 0. S.J. 124
Commerce and Energy Do Pass Amended Passed, YEAS 7, NAYS 0. S.J. 96
Commerce and Energy Motion to amend
Commerce and Energy Do Pass Failed, YEAS 3, NAYS 4.
Commerce and Energy Scheduled for hearing
First read in Senate and referred to Senate Commerce and Energy S.J. 24
Commerce and Energy — Tabled
Do Pass Amended
Commerce and Energy — Do Pass
Commerce and Energy — Do Pass Amended