Bill > S2313

This bill requires the Division of Local Services (DLS), in collaboration with the Department of Public Utilities (DPU), to establish a policy mandating that public and investor-owned utility companies must notify and offer a right of first refusal to the municipality when they plan to sell or dispose of real property located within that municipality's boundaries. Right of first refusal is a legal concept that gives the municipality the opportunity to purchase the property before it can be sold to any other potential buyer. The bill aims to provide local governments with more control and potential opportunities to acquire utility-owned properties that might be strategically important or valuable for municipal purposes. By requiring utilities to notify and offer the right of first refusal, the legislation gives municipalities a chance to evaluate and potentially purchase properties that might otherwise be sold to private entities without their prior knowledge or input.

Transportation and Infrastructure

https://malegislature.gov/Bills/194/S2313