THE SENATE
THE THIRTIETH LEGISLATURE
REGULAR SESSION OF 2019

COMMITTEE ON COMMERCE, CONSUMER PROTECTION, AND HEALTH
Senator Rosalyn H. Baker, Chair
Senator Stanley Chang, Vice-Chair

MEASURES DEFERRED TO WEDNESDAY, FEBRUARY 27, 2019

DATE:

Wednesday, February 27, 2019

TIME:

10:15 AM

PLACE:

Conference Room 229
State Capitol
415 South Beretania Street

DECISION MAKING ON THE FOLLOWING MEASURE(S):

SB991
Status and Testimony

RELATING TO TELECOMMUNICATIONS.
Except for requirements under federal law and section 269-7 and 269-16.9, exempts a public utility providing basic exchange service to every county in the State or any affiliate or parent of such public utility from chapter 269 and the jurisdiction of the PUC and consumer advocate.  Exempts a public utility providing basic exchange service to every county in the State from financial report requirements.  Repeals language requiring approval of the PUC prior to a telecommunications carrier charging a higher rate for basic exchange service than the rate included in the carrier's filed tariff.  Allows any public utility providing basic exchange service to every county in the State to issue stocks and stock certificates, bonds, notes, and other evidences of indebtedness payable at periods of more than twelve months after the date thereof, for any purpose, without securing approval of the PUC.  Exempts telecommunications carriers from utility rate regulation and ratemaking procedures and provisions relating to valuations, regulatory flexibility for effectively competitive services, cross-subsidies, and access to advanced services.  Allows any public utility providing basic exchange service to every county in the State to sell, lease, assign, dispose of, or encumber its property by any means without approval of the PUC, provided that the utility notifies the PUC in writing of such a transaction within 30 days.  Exempts any transactions by public utilities providing basic exchange service to every county in the State from provisions regulating relations with an affiliated interest and contracts with affiliates filed and subject to PUC action and issuance of voting stock restrictions.

CPH

No testimony will be accepted.

FOR AMENDED NOTICES:  Measures that have been deleted are stricken through and measures that have been added are underscored.  If a measure is both underscored and stricken through, that measure has been deleted from the agenda.

FOR FURTHER INFORMATION, PLEASE CONTACT THE COMMITTEE CLERK AT 808-586-6070.