An Act relative to surety bonds

This bill (HD 2768) prevents utilities from requiring municipal light plants (specifically those established under Chapter 164 to provide telecommunication services) to pay surety bonds or other costs exceeding rates set by the department for attachment. It directly affects these municipal telecom providers by blocking utilities from imposing excessive financial conditions as a requirement for service connections. The key mechanism is an amendment to existing law that explicitly prohibits utilities from compelling such costs "in excess of such rates for attachment as determined by said department." The change ensures municipal light plants cannot be charged more than department-approved rates for attachment-related expenses.