Bill Text: NH SB122 | 2017 | Regular Session | Introduced

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Bill Title: Relative to public utility leases.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2017-03-23 - Inexpedient to Legislate, Motion Adopted, Voice Vote === BILL KILLED ===; 03/23/2017; Senate Journal 10 [SB122 Detail]

Download: New_Hampshire-2017-SB122-Introduced.html

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SB 122  - AS INTRODUCED

 

 

2017 SESSION

17-0901

06/05

 

SENATE BILL 122

 

AN ACT relative to public utility leases.

 

SPONSORS: Sen. Soucy, Dist 18

 

COMMITTEE: Energy and Natural Resources

 

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ANALYSIS

 

This bill requires an incumbent local exchange carrier to have the approval of the public utilities commission for certain transfers or leases.

 

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Explanation: Matter added to current law appears in bold italics.

Matter removed from current law appears [in brackets and struckthrough.]

Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

17-0901

06/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Seventeen

 

AN ACT relative to public utility leases.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

1  Public Utilities; General Regulations; Other Public Utility Leases.  Amend RSA 374:30 to read as follows:

374:30  Other Public Utility Leases, Etc.  

I.  Any public utility may transfer or lease its franchise, works, or system, or any part of such franchise, works, or system, exercised or located in this state, or contract for the operation of its works and system located in this state, when the commission shall find that it will be for the public good and shall make an order assenting thereto, but not otherwise, except that commission approval shall not be required for any such transfer, lease, or contract by an excepted local exchange carrier other than an incumbent local exchange carrier.  The commission may, by general order, authorize a public utility to transfer to another public utility a part interest in poles and their appurtenances for the purpose of joint use by such public utilities.

II.  An incumbent local exchange carrier that is an excepted local exchange carrier may transfer or lease its franchise, works, or system, or any part of such franchise, works, or system, exercised or located in this state, or contract for the operation of its works and system located in this state, when the commission finds the utility to which the transfer is to be made is technically, managerially, and financially capable of maintaining the obligations of an incumbent local exchange carrier set forth in RSA 362:8 and RSA 374:22-p and when the commission shall find that it will be in the public good and shall make an order assenting thereto, but not otherwise.

2  Effective Date.  This act shall take effect 60 days after its passage.