HB1673 amends Tennessee utility regulation laws to enhance financial oversight and governance.
HB1673 amends Tennessee utility regulation laws to enhance financial oversight and governance. It modifies the criteria for determining when a utility system is financially distressed and outlines procedures for utility consolidations. The bill requires utility system governing body members to complete continuing education and mandates annual reporting on compliance. It also updates the process for approving utility consolidations, including public hearings and county mayor oversight. The act takes effect July 1, 2026.
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- Impact
- Legal Framework
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