HB 1964
An Act providing for a moratorium on the privatization of public water and wastewater systems; establishing the Water Utility Reform Working Group; and making a repeal relating to valuation of acquired water and wastewater systems.
Summary
**HB 1964 Summary** This bill would temporarily stop the sale of publicly-owned water and wastewater systems to private companies. **What it does:** - Creates a moratorium (pause) on privatizing public water and sewer systems - Establishes a working group to study water utility reforms - Removes certain rules about how to value water systems when they're sold **Who it affects:** - Residents who get water/sewer services from government-owned utilities - Local governments that own water and wastewater systems - Private companies that might want to purchase these systems **What would change:** - Public water systems couldn't be sold to private companies during the moratorium period - A working group would research and recommend changes to water utility policies - Current valuation methods for water system sales would be eliminated The bill is currently in the introduced stage, meaning it has been proposed but not yet voted on or enacted into law.