SB 970

ON MARCH 31, 2025, THE HOUSE ADOPTED AMENDMENT #1 AND PASSED HOUSE BILL 743, AS AMENDED. AM ENDMENT #1 rewrites the bill to, instead, provide that, except to the extent modified by the certificate of incorporation of an authority created pursuant to the Municipal Energy Authority Act, the board of directors of the authority may, as part of the tr ansfer of a water and wastewater system or at any time thereafter, adopt and assume all or any portion of such regulatory powers, authority, duties, obligations, and oversight over the water and wastewater operations as were applicable to the municipal wa t er and wastewater system pursuant to ordinances, resolutions, or other rules or policies that were in effect immediately prior to the transfer of such system to the authority. The board of directors of the authority may later amend such rules, regulation s , and requirements from time to time if such amendments are just and reasonable.