An Act Regarding Utility Reorganizations
Maine Legislature, Session 129, LD 1560
Committee Amendment CA_A_S192 (Senate)
Amends: 35-A MRSA §708

FffiST REGULAR SESSION 
COMMITTEE AMENDMENT "{*-" to S.P. 495, L.D. 1560, Bill, "An Act 
Regarding Utility Reorganizations" 
Amend the bill by striking out all of section 1 and inserting the following: 
'Sec. 1. 35-A MRSA §708, sub-§1-A is enacted to read: 
1-A. Legislative findings. The Legislature finds it is in the public interest to ensure 
that a reorganization of a public utility that would result in the transfer of ownership and 
control of a public utility or the parent company of a public utility serves the interest of 
the utility's ratepayers.' 
Amend the bill in section 2 in subsection 2 in paragraph A by striking out all of the 
first paragraph (page 1, lines 17 to 28 in L.D.) and inserting the following: 
'A. Unless exempted by rule or order of the commission, :ae £! reorganization may not 
take place without the approval of the commission. Na A reorganization may not be 
approved by the commission unless it is established by the applicant for approval that 
the reorganization is consistent with the interests of the utility's ratepayers and 
investors. If a reorganization would result in the transfer of ownership and control of 
a public utility or the parent company of a public utility, a reorganization may not be 
approved by the commission unless it is established by the applicant for approval that 
the reorganization provides net benefits to the utility's ratepayers. The commission 
shall rule upon all requests for approval of a reorganization within 60 days of the 
filing of the request for approval. If it determines that the necessary investigation 
cannot be concluded within 60 days, the commission may extend the period for a 
further period of no more than 120 days. In granting its approval, the commission 
shall impose such terms, conditions or requirements as, in its judgment, are necessary 
to protect the interests of ratepayers. These conditions shall must include provisions 
whieh assure that ensure the following:' 
Amend the bill in section 2 in subsection 2 in paragraph A by striking out all of 
subparagraph (9) (page 2, lines 16 and 17 in L.D.) and inserting the following: 
COMMITTEE AMENDMENT 
COMMITTEE AMENDMENT" /-\"to S.P. 495, L.D. 1560 ( ;' I '~I ,i-") 
'(9) 
That neither ratepayers nor investors are adversely affected by the 
reorganization, and if the reorganization would result in the transfer of ownership 
and control of a public utility or the parent company of a public utility, that the 
reorganization provides net benefits to the utility's ratepayers.' 
Amend the bill in section 2 in subsection 2 in paragraph C in the first line (page 2, 
line 24 in L.D.) by inserting after the following: "reorganization" the following: 'that 
would result in the transfer of ownership and control of a public utility or the parent 
company of a public utility' 
Amend the bill by relettering or renumbering any nonconsecutive Part letter or 
section number to read consecutively. 
SUMMARY 
This amendment limits the application of the requirement in the bill that there be net 
benefits to ratepayers under a reorganization to only those reorganizations that involve 
transfer of ownership and control of a public utility or the parent company of a public 
utility, rather than all reorganizations. 
FISCAL XOTE REQUIRED 
(See attached) 
. ,.,. 
COMMITTEE AMENDMENT 
Fiscal Detail and Notes 
Approved: 05/25/19 feac 
LD 1560 
LR 2306(02) 
An Act Regarding Utility Reorganizations 
Fiscal Note for Bill as Amended by Committee Amendment "ff (, S -) tt'0) 
Committee: Energy, Utilities and Technology 
Fiscal Note Required: Yes 
Fiscal Note 
Minor cost increase - Other Special Revenue Funds 
Any additional costs to the Public Utilities Commission (PUC) as a result of changes to the rules regarding the 
criteria for PUC approval of a utility reorganization are anticipated to be minor and can be absorbed within existing 
budgeted resources. 
LR2306(02) - Fiscal Note - Page 1 of 1