The proposed bill would amend current statutes regarding the reimbursement process for telecommunications utilities in relation to voter-approved municipal bond projects. Under the current law, municipalities are required to reimburse telecommunications utilities for relocation costs incurred due to construction projects funded by these bonds. The bill introduces new requirements for municipalities, including the obligation to provide public notice to telecommunications utilities at least thirty days before a request for relocation of their facilities, as well as the development of a reimbursement process for these utilities to apply for reimbursement of their relocation costs.

Specifically, the bill would insert provisions that mandate municipalities to notify telecommunications utilities about relevant municipal bond projects and establish a structured process for reimbursement applications. This update aims to enhance communication and streamline the reimbursement process, ensuring that telecommunications utilities are adequately informed and compensated for their relocation expenses in a timely manner.

Statutes affected:
Introduced Version: 9-461.17
House Engrossed Version: 9-461.17