Utility Transfers Act; SCC to approve acquiring or disposal of control of public utility. (SB710)

Introduced By

Sen. John Edwards (D-Roanoke)

Progress

Introduced
Passed Committee
Passed House
Passed Senate
Signed by Governor
Became Law

Description

Utility Transfers Act.  Provides that a person shall not acquire or dispose of control of a public utility, or all of its assets, or a telephone company, in whole or in part, without prior approval of the State Corporation Commission. Read the Bill »

Status

02/08/2010: Failed to Pass in Committee

History

DateAction
01/22/2010Presented and ordered printed 10104088D
01/22/2010Referred to Committee on Commerce and Labor
02/01/2010Impact statement from SCC (SB710)
02/08/2010Passed by indefinitely in Commerce and Labor (13-Y 2-N) (see vote tally)