H1490B1909A02384 DMS:EJH 06/27/17 #90 A02384
AMENDMENTS TO HOUSE BILL NO. 1490
Sponsor: SENATOR BOSCOLA
Printer's No. 1909
Amend Bill, page 1, line 2, by inserting after "Statutes,"
in rates and distribution systems, further providing for rates
to be just and reasonable; and
Amend Bill, page 1, lines 6 and 7, by striking out all of
said lines and inserting
Section 1. Section 1301 of Title 66 of the Pennsylvania
Consolidated Statutes is amended to read:
ยง 1301. Rates to be just and reasonable.
(a) Regulation.--Every rate made, demanded, or received by
any public utility, or by any two or more public utilities
jointly, shall be just and reasonable, and in conformity with
regulations or orders of the commission. Only public utility
service being furnished or rendered by a municipal corporation,
or by the operating agencies of any municipal corporation,
beyond its corporate limits, shall be subject to regulation and
control by the commission as to rates, with the same force, and
in like manner, as if such service were rendered by a public
utility.
(b) Municipal corporations.--In determining a just and
reasonable rate furnished or rendered by a municipal corporation
or by the operating agencies of a municipal corporation
providing public utility water or wastewater service beyond its
corporate limits, the commission shall employ an imputed capital
structure of comparable public utilities providing water or
wastewater service.
Section 2. Title 66 is amended by adding a chapter to read:
Amend Bill, page 2, line 22, by inserting after "collection,"
conveyance,
Amend Bill, page 2, by inserting between lines 23 and 24
(3) Storm water collection, conveyance, treatment and
disposal.
Amend Bill, page 2, line 27, by inserting after "2018"
, unless otherwise provided in this chapter
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Amend Bill, page 3, line 24, by striking out "bylaws,"
Amend Bill, page 3, line 30, by striking out "60" and
inserting
90
Amend Bill, page 4, line 6, by striking out "120" and
inserting
180
Amend Bill, page 6, line 11, by striking out "president" and
inserting
chairperson, vice chairpersonn or executive director
Amend Bill, page 6, line 11, by striking out "60" and
inserting
30
Amend Bill, page 6, line 15, by striking out "fiscal" and
inserting
calendar
Amend Bill, page 6, line 30, by inserting after "authority"
or determine the powers and functions of an authority
Amend Bill, page 7, by inserting between lines 4 and 5
(c) Securities of authority.--Notwithstanding any provision
in this title to the contrary:
(1) The commission shall permit an authority to impose,
charge or collect rates or charges as necessary to permit the
authority to comply with its covenants to the holders of any
bonds or other financial obligations.
(2) The commission may not require an authority to take
action or omit taking any action under this title if the
action or omission would have the effect of causing the
interest on tax-exempt bonds or other financial obligations
issued by the authority to be includable in the gross income
of the holders of the bonds or other financial obligations
for Federal income tax purposes.
(3) An authority may continue to issue bonds or other
financial obligations on behalf of the authority under 53
Pa.C.S. Ch. 56 (relating to municipal authorities), and as
otherwise provided by law.
Amend Bill, page 7, line 18, by striking out "2" and
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inserting
3
Amend Bill, page 7, line 20, by striking out "3" and
inserting
4
Amend Bill, page 7, lines 20 through 23, by striking out "as
follows:" in line 20 and all of lines 21 through 23
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See A02384 in
the context
of HB1490