l9n/ Connecticut

2003 Regular Session

House Bill 6398

AN ACT CONCERNING UTILITY MERGERS.

Did not become law. It stopped in the House of Representatives's Energy and Technology Committee on February 21, 2003. The 2003 session has ended.

What it does

The synopsis the General Assembly published with the bill.

To clarify that the Department of Public Utility Control's public interest standard of review applies to transactions involving the acquisition of a holding company, to provide the department with adequate authority to ensure that merger proposals it reviews are beneficial to the state and to the ratepayers involved, to allow the department, as a condition to approving a proposed merger, to require rate reductions or earning-sharing mechanisms to capture potential savings for ratepayers from a merger, and to allow the department, to consider the effect of a merger approval on the location and accessibility of management and operations and on the proportion and number of state resident employees for all type of merger proposals, not just that of a telephone company.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the House of Representatives

In the Senate

    1 co-sponsor

    Martin M. Looney

    Its course

    February 5 to February 21, 2003, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

    Each committee stop sits inside its chamber.

    Every action2 actions on 2 days

    In the House of RepresentativesFeb 5 to Feb 21 · stopped16 days

    Energy and Technology CommitteeFeb 5 to Feb 21 · stopped16 days

    Text

    Each version as the General Assembly printed it.

    l9n doesn't hold this bill's text yet.

    What happened

    In l9n's words, one line for each step. Every action as the General Assembly published it is below.

    In the House of Representatives Feb 5 – Feb 21

    1. Introduced and sent to Energy and Technology Committee
    2. Heard in Energy and Technology Committee
    All 2 actions, as published