Prohibits certain transactions involving public utilities unless the Public Service Commission finds them to be in the public interest

SB 1713 prohibits certain transactions involving public utilities (like mergers or asset sales) unless the Public Service Commission first determines the transaction serves the public interest. This requirement directly affects utility companies seeking to conduct such transactions. The key mechanism is a mandatory pre-approval process by the Public Service Commission, which must find the transaction aligns with public interest before it can proceed. The bill does not specify which transactions are covered, only that they require Commission review. As a newly introduced bill (first read on 2026-02-23), its specific scope remains undefined in the provided context.