Michigan HB5503 prohibits fees for payment transactions by electric utilities.

Michigan HB5503 amends the Public Utilities Act to prohibit electric utilities from charging customers a fee for paying their utility bill using various payment methods, including credit cards, debit cards, cash, checks, and automated clearing house payments. The bill also mandates that electric utilities establish an industry worker transition program to assist employees during transitions in ownership, ensuring they receive job offers, wage rates, and fringe benefits for at least 30 months.

Michigan HB5503 prohibits fees for payment transactions by electric utilities.

Michigan HB5503 amends the Public Utilities Act to prohibit electric utilities from charging customers a fee for paying their utility bill using various payment methods, including credit cards, debit cards, cash, checks, and automated clearing house payments. The bill also mandates that electric utilities establish an industry worker transition program to assist employees during transitions in ownership, ensuring they receive job offers, wage rates, and fringe benefits for at least 30 months.