This bill seeks to strengthen the oversight and regulatory authority of the Public Service Commission (PSC) over public service districts in West Virginia. It introduces provisions that expand the PSC's jurisdiction to include the study, modification, approval, denial, or amendment of plans for the consolidation or merger of public service districts. The PSC is also granted the authority to petition for the removal of board members from these districts and to establish a separate division within the PSC to assist with technological, operational, financial, and regulatory matters. Public service districts will be required to adopt operational guidelines approved by the PSC, undergo mandatory biennial audits, submit annual financial transparency reports, and ensure that board members and senior management complete continuing education programs. Additionally, the PSC will have the authority to conduct scheduled and unscheduled inspections.

The bill establishes penalties for non-compliance, which may include fines, corrective actions, and potential management restructuring. It emphasizes financial accountability, regulatory compliance, and operational efficiency, aiming to enhance service reliability and public trust in public service districts. Furthermore, the bill empowers the PSC to recommend corrective actions for districts that do not adhere to state regulations and establishes a resource center to assist these districts in securing funding for infrastructure projects. Overall, the legislation aims to improve the efficiency and reliability of public service districts while ensuring transparency and accountability in their financial and operational practices.

Statutes affected:
Introduced Version: 16-13A-1a, 24-1-1, 24-1-3