03/25/2025

Senate Bill 116

Lead Sponsors: Senator George Lang

Status: First hearing in Senate Public Utilities (March 19, 2025)

Description: The bill alters a pipeline company's assessment rate for public utility tangible personal property (PUTPP). Currently, the PUTPP for pipeline companies is assessed at an 88% rate; the bill lowers this rate to 25%. 

CCAO Position: No position (as of March 2025)