View Amendment Current Amendment: 1 to Bill 3524

Senator YOUNG proposed the following amendment (JUD3524.004):

Amend the bill, as and if amended, by striking all after the enacting language, and inserting:

/ SECTION 1. Section 58-7-10, as last amended by Act 205 of 2016, is amended to read:

"Section 58-7-10(A) Subject to the same duties and liabilities, all the rights, powers, and privileges conferred upon telegraph and telephone companies under Article 17, Chapter 9 of this title are hereby granted to pipeline companies incorporated under the laws of this State or to such companies incorporated under the laws of any other state when such companies have complied with the laws of this State regulating the doing of business herein by foreign corporations.

(B) The provisions of Section 58-9-2030 and of Chapter 2, Title 28 do not apply to private, for-profit pipeline companies, including publicly traded for-profit companies, that are not defined within this title as a public utility."

SECTION 2.This act takes effect upon approval by the Governor and Section 58-7-10(B), as added by this act, is repealed June 30, 2024 unless the General Assembly amends the language of Section 58-7-10(B) or it is reenacted or otherwise extended by the General Assembly before June 30, 2024. /