H.R. 5751: Curb Private Utilities Corruption Act

This bill, titled the "Curb Private Utilities Corruption Act," aims to amend the Public Utility Regulatory Policies Act of 1978. Its primary focus is the requirement for public disclosure of meetings held between state regulatory authority officials and representatives of electric utilities. Below are the key points regarding what this bill would implement:

Public Disclosure Requirement

• The bill mandates that each state regulatory authority consider establishing a standard that requires public disclosure of meetings, specifically highlighting interactions between:
• Employees or board members of the state regulatory authority.
• Lobbyists, executives, or other representatives of electric utilities.

Implementation Timeline

• States are required to evaluate and decide on the implementation of the public disclosure standard within one year of the bill becoming law.

Exemption From Certain Regulations

• In making this determination, state regulatory authorities do not have to consider prior proceedings or requirements that might delay their decision-making process.

Objective

The overall objective of this bill is to enhance transparency and accountability in the relationship between state regulators and electric utility companies, potentially reducing the influence and corruption associated with lobbying in the utilities sector.

Relevant Companies

• None found