An Act amending Title 66 (Public Utilities) of the Pennsylvania Consolidated Statutes, in rates and distribution systems, further providing for valuation of acquired water and wastewater systems.

HB 944 allows water and wastewater utilities acquiring other systems to include fees paid to valuation experts in their acquisition costs, with a cap of 5% of the selling utility's fair market value. Utilities must submit detailed documentation of hourly rates to the Pennsylvania Public Utility Commission for approval before paying these fees. The bill directly affects acquiring utilities, valuation experts, and the commission overseeing these transactions. It sets clear limits and approval steps to ensure fees are reasonable and transparent during system acquisitions.