SB776 enhances oversight of Public Service Districts in West Virginia by increasing regulatory authority of the Public Service Commission.
SB776 aims to strengthen the Public Service Commission's oversight of Public Service Districts in West Virginia. The bill mandates operational guidelines, mandatory auditing, and continuing education for board members and senior management. It also requires annual financial transparency reports and allows for unannounced inspections. The Public Service Commission is granted authority to recommend corrective actions and impose fines for non-compliance. The bill seeks to ensure fair and efficient utility services, financial accountability, and regulatory compliance.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.