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

This bill establishes new rules for how Pennsylvania municipalities must sell their water and sewer systems to other public utilities. It requires the selling municipality to issue a formal request for proposals, advertise the sale in local newspapers, and provide residents with rate estimates from approved actuaries before a final decision is made. The acquiring utility must also notify its customers about the deal and any potential rate increases, while the state commission is mandated to hold at least two public hearings to review the transaction. These procedures aim to ensure transparency and protect consumers during the acquisition of public water and wastewater infrastructure.