An Act relative to surety bonds

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act relative to surety bonds

An Act relative to surety bonds By Representative Saunders of Belchertown, a petition (accompanied by bill, House, No.

What This Bill Does

• An Act relative to surety bonds By Representative Saunders of Belchertown, a petition (accompanied by bill, House, No.
• 3566) of Aaron L.
• Saunders relative to the use of surety bonds by certain utilities.
• Telecommunications, Utilities and Energy.

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

An Act relative to surety bonds
By Representative Saunders of Belchertown, a petition (accompanied by bill, House, No. 3566) of Aaron L. Saunders relative to the use of surety bonds by certain utilities. Telecommunications, Utilities and Energy.
Status:
Referred to House Committee on Bills in the Third Reading

Current Bill Text

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Bill H.3566

Section 25A of chapter 166 of the General Laws, as appearing in the 2022 Official Edition, is hereby amended by inserting, in line 67, after the word “attachment”, the following :-

“A utility shall not compel as a condition of attachment a licensee, that is a municipal light plant established solely for the purposes of providing telecommunication services, established pursuant to Chapter 164, to incur costs, direct or indirect, including, but not limited to the production of a surety bond, in excess of such rates for attachment as determined by said department pursuant to the provisions of this section.”

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