Pennsylvania HB943 amends water and wastewater system valuation requirements for utility acquisitions.
Pennsylvania HB943 amends Title 66 of the Pennsylvania Consolidated Statutes to require the Independent Fiscal Office to analyze the costs and benefits of maintaining, acquiring, and merging water and wastewater utilities. The bill mandates that selling utilities request and make available documentation from the Independent Fiscal Office before fair market value acquisition proceedings. This documentation must be accessible in-person and via a publicly accessible Internet website.
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- Core Provisions
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