Honorable Tracy O. King, Chair, House Committee on Natural Resources
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB2787 by Gates (Relating to late payment fees charged by a municipally owned water utility.), As Introduced
No significant fiscal implication to the State is anticipated.
The bill would specify a maximum value for late fees that can be charged by municipally owned water utilities, and it would allow customers to appeal such fees to the Public Utility Commission.
Local Government Impact
The bill could have an impact on municipalities that own water utilities to the extent that they currently assess late fees in excess of the maximum value the bill would institute.