Text: SSB02057                          Text: SSB02059
Text: SSB02000 - SSB02099               Text: SSB Index
Bills and Amendments: General Index     Bill History: General Index



Senate Study Bill 2058

Bill Text

PAG LIN
  1  1    Section 1.  Section 476.77, subsection 2, Code 1997, is
  1  2 amended to read as follows:
  1  3    2.  A proposal for reorganization shall be deemed to have
  1  4 been approved unless the board disapproves the proposal within
  1  5 ninety one hundred eighty days after its filing.  The board,
  1  6 for good cause shown, may extend the deadline for acting on an
  1  7 application for an additional period not to exceed sixty days.
  1  8 However, the board shall not disapprove a proposal for
  1  9 reorganization without providing for notice and opportunity
  1 10 for hearing.  The notice of hearing shall be provided no later
  1 11 than fifty days after the proposal for reorganization has been
  1 12 filed.
  1 13    Sec. 2.  EFFECTIVE DATE.  This Act, being deemed of
  1 14 immediate importance, takes effect upon enactment.  
  1 15                           EXPLANATION
  1 16    This bill extends the time for review of a reorganization
  1 17 of a public utility by the Iowa utilities board from 90 to 180
  1 18 days.  The bill also provides that the utilities board may
  1 19 extend the deadline for acting on the application for an
  1 20 additional time period not to exceed 60 days for good cause.
  1 21    The bill takes effect upon enactment.  
  1 22 LSB 3266DP 77
  1 23 mj/jw/5.1
     

Text: SSB02057                          Text: SSB02059
Text: SSB02000 - SSB02099               Text: SSB Index
Bills and Amendments: General Index     Bill History: General Index

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