Establishes the "small water utility transparency act"; requires audits of certain private water companies.

The "small water utility transparency act" requires the Public Service Commission and the Department of Environmental Conservation to conduct audits of private water companies with gross annual revenues below $250,000. These audits focus on compliance with water safety regulations, water quality, and water adequacy. The act also mandates that private water companies under investigation must file public updates on their compliance status. The Public Service Commission can establish and collect fines for non-compliance, with increased rates for repeated violations.

Establishes the "small water utility transparency act"; requires audits of certain private water companies.

The "small water utility transparency act" requires the Public Service Commission and the Department of Environmental Conservation to conduct audits of private water companies with gross annual revenues below $250,000. These audits focus on compliance with water safety regulations, water quality, and water adequacy. The act also mandates that private water companies under investigation must file public updates on their compliance status. The Public Service Commission can establish and collect fines for non-compliance, with increased rates for repeated violations.