Public utilities: electric utilities; approval of sale, assignment, transfer, or encumbrance of utility assets; modify factors. Amends sec. 6q of 1939 PA 3 (MCL 460.6q).

Where it is in the process

Plain-English Summary

This bill requires that any person or company wanting to buy, control, or merge with a regulated utility, or for a utility to sell its assets, must first get approval from the Michigan Public Service Commission. The Commission will review these actions to ensure they do not negatively impact customer rates, service quality, or the utility's financial health. The bill also outlines the application process and factors the Commission must consider, including specific requirements for hydroelectric facilities.

No official summary on file for this bill · generated by Gemini 2.5 Flash from its full text

Votes

Sponsorship · 4 Sponsors

Democrat2Republican2Independent0Other0

R · PrimeJon Bumstead
D · CoRosemary Bayer
R · CoJoseph Bellino
D · CoJohn Cherry

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