Relating to: grants to municipalities to acquire or create public utilities and making an appropriation. (FE)

This bill would establish a state funding program to help local governments acquire or create public utilities such as water, power, heat, or light systems. It allows municipalities to apply for grants covering up to 50 percent of the costs associated with building new utility infrastructure, purchasing existing utilities, or acquiring utility property. The program requires municipalities to obtain approval from the state commission before receiving funds and to submit detailed information as part of their application. The bill also creates a specific appropriation in the state budget to finance these grants.