SB 2534

Present law create s in the office of the comptroller of the treasury a Tennessee board of utility regulation for the purpose of advising and directing utility systems in the area of utility management, and to determine and ensure the financial integrity of those utility sys tems. The board is charged with the responsibility of furthering the legislative objective of self-supporting water systems, wastewater facilities, and natural gas systems in this state and is deemed to be acting for the public welfare. As used in these provisions, a "utility system"" includes all of the following:  The water, wastewater, or natural gas systems of a county, metropolitan government, or incorporated town or city .  A treatment authority created pursuant to t he Water and Wastewater Treatment Authority Act, t he Regional Water and Wastewater Treatment Authority Act, or a nother public or private act of the general assembly that operates a water, wastewater, or natural gas facility .  The water, wastewater, and natural gas systems of an energy or utility authority created pursuant to the Municipal Energy Authority Act, or a private act of the general assembly .  Any utility district created under th e Utility District Law of 1937, or any other public or private act of the general assembly. This bill adds to the above list of utilities under the jurisdiction of the Tennessee board of utility regulation the Tellico Village Property Owners Association's water and wastewater utility services ."