SENATE BILL 1020

File Code: Utility Regulation

Sponsored By:

Senator Green

Entitled:

Electric Companies or Electric and Gas Companies - Merger or Acquisition - General Assembly Approval Required

Synopsis:

Requiring prior approval of the General Assembly by legislation before an acquisition or merger may take place where one of the parties is a specified electric company, electric and gas company, or a person that owns or controls a specified electric company or electric and gas company.

History by Legislative Date

Senate Action

3/2

First Reading Senate Rules

3/8

Re-referred Finance

Hearing 3/14 at 1:00 p.m.

3/13

Hearing cancelled

Hearing 3/21 at 1:00 p.m.

House Action

No Action

Bill indexed under the following Subjects:

GENERAL ASSEMBLY -see also- AELR CMTE; LEG POLICY COMMITTEE.

LEGISLATION - see also- CORRECTIVE LEGISLATION; CURATIV LEG.

MERGERS AND ACQUISITIONS

UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statute:

Public Utility Companies

( 7-106 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments: None offered