A bill for an act relating to approval requirements for city utilities.

This bill requires Iowa cities to obtain voter approval for most changes to utility franchises (like electric, water, or gas services) before granting, renewing, or modifying them. Cities must hold public hearings and submit proposals to voters via election unless specific exemptions apply (e.g., for electric/water utilities without a petition). It also establishes new rules for selling city-owned utilities, mandating two independent appraisals to determine fair market value and requiring cities to document assets and liabilities before disposal. These changes directly affect city councils, utility companies, and voters, ensuring greater public input on major utility decisions.