HB16-1035
PUC Approval Of Securities Only For Gas & Electric
Concerning the scope of statutes making the issuance of securities by a public utility conditional on approval by the Colorado public utilities commission, and, in connection therewith, clarifying that the approval requirement applies only to electric and gas utilities.
Session:
2016 Regular Session
Subjects:
Bill Summary
Business & Economic Development
Energy
The act specifies that the statute requiring advance approval by the public utilities commission for the issuance of securities to fund property acquisitions, facilities, repairs, service improvement or maintenance, and other expenditures applies only to electric and gas utilities.
(Note: This summary applies to this bill as enacted.)
(Note: This summary applies to this bill as enacted.)