Bill Number: H.B. 2049
Mesnard Floor Amendment
Reference to: House engrossed bill
Amendment drafted by: Leg Council
FLOOR AMENDMENT EXPLANATION
1. Specifies that a municipality is not required to assume a contractual obligation associated with providing current and future utility service if:
a) a municipality assuming the contractual obligation would be contrary to law;
b) the contractual obligation being assumed is between the public utility and one or more of its affiliates; or
c) the municipality currently provides the service that is subject to the contractual obligation being assumed and extending service to the area being condemned would be less expensive over the remaining term of the contractual obligation than assuming the contractual obligation.
2. Defines affiliate and contractual obligation.
First Regular Session H.B. 2049
MESNARD FLOOR AMENDMENT
SENATE AMENDMENTS TO H.B. 2049
(Reference to House engrossed bill)
Page 1, line 5, strike "definition" insert "definitions"
Page 2, line 4, after "condemned" insert a period
Strike lines 5 through 8, insert "a municipality is not required to assume a contractual obligation under this subsection if any of the following applies:
1. the municipality and all parties to the contractual obligation agree otherwise.
2. a municipality assuming the contractual obligation would be contrary to law.
3. the contractual obligation being assumed is between the public utility and one or more of its affiliates.
4. the municipality currently provides the service that is subject to the contractual obligation being assumed and extending that service to the area being condemned would be less expensive over the remaining term of the contractual obligation than assuming the contractual obligation.
5. the contractual obligation was executed on or after the date of the written offer and appraisal that is provided pursuant to section 12-1116, subsection a."
Page 2, line 9, strike "subsection c of"; strike the comma insert ":
1. "affiliate" means any entity directly or indirectly controlling or controlled by or under direct or indirect common control with a public utility regardless of whether the direction of management policies occurs THROUGH ownership of voting securities, by contract or otherwise.
2. "Contractual obligation" means the obligation of the public utility business or enterprise to provide utility service under a will serve agreement or to construct, extend, expand, fund or accept utility infrastructure under a line extension agreement, water or wastewater facilities agreement, master utilities agreement, infrastructure coordination and financing agreement, main extension agreement or plant extension agreement or any other similar utility service agreement related to utility infrastructure.
3."
Amend title to conform