Summary of the Committee Version of the Bill

HCS HJR 47 -- JOINT MUNICIPAL UTILITY COMMISSIONS

SPONSOR:  Mays, 50 (Willoughby)

COMMITTEE ACTION:  Voted "do pass" by the Committee on Utilities
Regulation by a vote of 23 to 2.

This proposed constitutional amendment allows joint municipal
utility commissions to develop utility projects with
municipalities or electric cooperatives without regulation by the
Public Service Commission.  Bonds issued for the projects are not
indebtedness of the state or of any political subdivision.

FISCAL NOTE:  Cost to General Revenue Fund of $34,710 in FY 2003,
$0 in FY 2004, and FY 2005.

PROPONENTS:  Supporters say that the bill would encourage
municipalities to join together to develop more electric
generation capacity.  Increasing capacity will improve service
reliability and make municipalities less vulnerable to the
volatility of open markets for electricity.

Testifying for the bill were Representative Willoughby; and
Missouri Public Utility Alliance.

OPPONENTS:  There was no opposition voiced to the committee.

Terry Finger, Senior Legislative Analyst

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Last Updated October 11, 2002 at 9:03 am