Iowa HF2238 mandates a study on the cost and feasibility of acquiring public utilities or their assets.

Iowa HF2238 directs the Department of Administrative Services to collaborate with an investment firm to study the cost and feasibility of acquiring public utilities or their assets. The study focuses on utilities providing electric and natural gas services to over 200,000 customers in Iowa, headquartered outside the state. It also examines reorganizing or reallocating assets to maximize benefits for customers. The department must submit a report by December 15, 2026.

Iowa HF2238 mandates a study on the cost and feasibility of acquiring public utilities or their assets.

Iowa HF2238 directs the Department of Administrative Services to collaborate with an investment firm to study the cost and feasibility of acquiring public utilities or their assets. The study focuses on utilities providing electric and natural gas services to over 200,000 customers in Iowa, headquartered outside the state. It also examines reorganizing or reallocating assets to maximize benefits for customers. The department must submit a report by December 15, 2026.