Maryland SB799 regulates eminent domain proceedings for water and sewage disposal companies, limiting rate increases and requiring specific.

Maryland SB799 modifies regulations for eminent domain proceedings involving water and sewage disposal companies. The bill restricts rate increases for companies with annual revenues below $1,000,000 and mandates that the Maryland Public Service Commission consider specific factors in such proceedings. It also ensures that customers are not disadvantaged by potential reductions in water or sewer bills if the company is acquired through condemnation. The bill takes effect on October 1, 2026.

Maryland SB799 regulates eminent domain proceedings for water and sewage disposal companies, limiting rate increases and requiring specific.

Maryland SB799 modifies regulations for eminent domain proceedings involving water and sewage disposal companies. The bill restricts rate increases for companies with annual revenues below $1,000,000 and mandates that the Maryland Public Service Commission consider specific factors in such proceedings. It also ensures that customers are not disadvantaged by potential reductions in water or sewer bills if the company is acquired through condemnation. The bill takes effect on October 1, 2026.