2012 House Bill 5889

Require state permission for certain utility debt

Introduced in the House

Sept. 12, 2012

Introduced by Rep. Amanda Price (R-89)

To require an electric utility that has more than one million retail customers (Michcon and DTE) to get a “financing order” authorized by the state Public Service Commission before borrowing to buy new water and air pollution control equipment required by state and federal rules and regulations.

Referred to the Committee on Energy and Technology