AN ACT PROHIBITING MEMBERS OF THE PUBLIC UTILITIES REGULATORY AUTHORITY FROM EMPLOYMENT WITH UTILITY COMPANIES FOR A PERIOD OF FIFTEEN YEARS.

HB 5953 prohibits former members of the Public Utilities Regulatory Authority from working for utility companies for 15 years after their term ends. This applies directly to individuals who served on the regulatory body overseeing utility companies. The bill's key provision creates a 15-year post-employment restriction to prevent potential conflicts of interest. It does not change current regulatory processes or affect utility company operations directly, only restricting future employment opportunities for former regulators. The bill aims to ensure regulatory impartiality by separating former regulators from industry employment.