Municipal Utility Unclaimed Utility Deposit Program

The unclaimed utility deposits program (program) helps finance electric and gas utility bill payment assistance for income-qualified households. The program is partially funded by electric and gas utilities' contributions of money that are owed to utility ratepayers but that has remained unclaimed by the ratepayers for more than 2 years. The bill clarifies that a municipally owned electric or gas utility may elect to participate in the program.
(Note: This summary applies to this bill as introduced.)