Missouri HB2429 requires municipalities and the department of transportation to reimburse non-rate-regulated utilities for relocation costs due to.
Missouri HB2429 mandates that municipalities and the department of transportation reimburse non-rate-regulated utility providers for costs incurred during facility relocations necessitated by road maintenance or construction. This bill outlines procedures for utility owners to follow when relocating their facilities and establishes the State Road Fund to cover these expenses. It also specifies that the state highways and transportation commission can recover damages from utility owners who fail to comply with relocation requirements.
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