HB 4077
Authorizes a public utility, upon approval by the Public Utility Commission, to issue bonds and securitize debt for costs and expenses incurred or to be incurred by the public utility associated with a self-insurance or captive insurance program.
Official Summary
Digest: Lets a public utility raise money for insurance costs. Takes effect 91 days after sine die. (Flesch Readability Score: 61.2). Authorizes a public utility, upon approval by the Public Utility Commission, to issue bonds and securitize debt for costs and expenses incurred or to be incurred by the public utility associated with a self-insurance or captive insurance program. Takes effect on the 91st day following adjournment sine die.
Sponsors
Rep Lively
Last Action
President signed.
Invalid Date
Legislative Timeline
Senate: President signed.
House: Speaker signed.
Senate: Third reading. Carried by Robinson. Passed.
Senate: Recommendation: Do pass.
Senate: Second reading.
Senate: Public Hearing and Work Session held.
Senate: First reading. Referred to President's desk.
Senate: Referred to Energy and Environment.
House: Third reading. Carried by Lively. Passed.
House: Second reading.
House: Recommendation: Do pass.
House: Work Session held.
House: Public Hearing held.
House: First reading. Referred to Speaker's desk.
House: Referred to Climate, Energy, and Environment.
Story Thread
15 events tracked · Feb 2 – Mar 5, 2026