Prohibits public utilities from making political or charitable contributions.
West Virginia HB4753 prohibits public utilities from making contributions to political candidates, campaigns, or political action committees using funds derived from rate payers. It also prohibits public utilities from making charitable contributions. Violations are considered a misdemeanor, punishable by fines, jail time, or both. The bill aims to ensure public utilities focus on providing services at the lowest cost to rate payers and respect their fiduciary responsibilities.
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