Summary of the Truly Agreed Version of the Bill

SB 255 -- CONSUMER-OWNED ELECTRIC CORPORATIONS

This bill prohibits the Public Service Commission from regulating
the rates, financing, and management of consumer-owned electric
corporations that are required to operate on a not-for-profit
cooperative basis and, as of August 28, 2003, hold a certificate
of public convenience and necessity to serve a majority of their
consumer-owners in third classification counties.

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Last Updated July 25, 2003 at 10:13 am