Bill
S 2413
Overview: S 2413, "Requires the public service commission to retain an independent auditor to conduct audits of private water utility companies prior to and after rate changes are
Overview: S 2413, "Requires the public service commission to retain an independent auditor to conduct audits of private water utility companies prior to and after rate changes are approved by the public service commission", was referred to the Finance committee and introduced on July 23, 2025.
Purpose and Intent: The main goal of this bill is to increase transparency and oversight of private water utility companies' rate changes by requiring independent audits before and after any rate adjustments are approved by the public service commission.
Key Provisions:
- Mandates the public service commission to retain an independent auditor to conduct audits of private water utility companies
- Requires these audits to be performed both prior to and after any rate changes are approved by the public service commission
- Directs the auditor to examine the utility's financial records, operations, and justification for the proposed rate adjustment
Affected Parties and Impacts: This bill would impact private water utility companies by subjecting them to increased scrutiny and auditing requirements around rate changes. Consumers of these private water services may also be affected, as the audits could potentially lead to more justified and transparent rate adjustments.
Procedural and Timeline Considerations: The bill has been referred to the Finance committee and is currently awaiting further legislative action.
Compiled from official sources — confirm details with the bill’s official record.
Sign in to ask a question.
