Bill > LD1160

This bill creates new restrictions on public utility ownership by entities that have provided material aid to foreign terrorist organizations (FTOs), as designated by the U.S. Secretary of State under the Immigration and Nationality Act. Specifically, the bill prohibits any entity found to have supported an FTO from owning 6% or more of, or controlling, a public utility or its parent company. If the Public Utilities Commission determines through an investigation and formal proceeding that a utility has violated this prohibition, the commission must order the utility to divest its ownership or be divested by the problematic entity. The bill is structured as an emergency measure, meaning it takes effect immediately upon approval, and is motivated by concerns about the potential safety and reliability risks of allowing entities with connections to terrorist organizations to control critical infrastructure like public utilities. The legislation aims to prevent such entities from having significant influence over essential services that all state residents depend on.

Transportation and Infrastructure

https://legislature.maine.gov/legis/bills/display_ps.asp?LD=1160&snum=132