SB1595 amends Tennessee utility regulation laws to enhance governance, financial oversight, and public interest considerations for utility systems.
SB1595 amends Tennessee utility regulation laws to enhance governance, financial oversight, and public interest considerations for utility systems. The bill mandates continuing education for utility system governing body members, covering topics like board governance and financial oversight. It allows for the consolidation of utility systems to improve service efficiency, subject to county mayor approval. The Tennessee Board of Utility Regulation gains authority to order mergers or consolidations of financially distressed utility systems to ensure public welfare and financial stability.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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