Friday, May 16, 2008
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Tracking Virginia’s General Assembly
since 2007.
HB1755: Utility Transfers Act; telephone companies.
Chief Patron
Del.
Terry Kilgore (R-1)
Terry Kilgore
(R-1)
Gate City, VA
Served: 1994–
Progress
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Introduced |
 |
Passed Committee |
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Passed House |
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Passed Senate |
 |
Signed by Governor |
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Became Law |
Status
03/26/2007: vetoed by governor
Summary
Utility Facilities Act; telephone companies. Eliminates the requirement that the State Corporation Commission approve the acquisition or disposal of the assets or of control of a telephone company. The measure will not apply to transactions for which applications seeking Commission approval were filed prior to July 1, 2007. View Full Text »
Poll Results
11 votes
Tags
Bill Text
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Comments
This seems like an enormous change, but I'm not equipped with the information to understand the impact that it will have. What is the reason that the SCC has historically had to approve such things? What is the need for eliminating that approval process?