Electric Utility Asset Transfer Approval Factors (SB0627)

Current understanding

SB0627 would amend Sec. 6q of 1939 PA 3 (MCL 460.6q) to modify the factors the Michigan Public Service Commission must consider when approving the sale, assignment, transfer, or encumbrance of electric utility assets. The bill is an incremental adjustment to a long-standing MPSC approval process rather than a new mechanism or pathway. Status: introduced.

Evidence log

• 2026-06-16 — Public utilities: electric utilities; engineering audits; require. Amends sec. 10p of 1939 PA 3 (MCL 460.10p) & adds sec. 6y.: cross-connection with utility-engineering-audits-hb6093: Both bills add new substantive review layers to electric-utility regulation under 1939 PA 3 — engineering audits (HB6093) and asset-transfer approval factors (SB0627) — signaling heightened legislative interest in utility operational and structural oversight. (novelty: 3)

Open questions

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