S2473 — Revises and updates public utility franchise process; allows State's political subdivisions to revoke franchises; increases certain penalties.

S2473 — Revises and updates public utility franchise process; allows State's political subdivisions to revoke franchises; increases certain penalties. · Informed CitizenryThis bill revises the process for granting and approving public utility franchises by political subdivisions in New Jersey. It limits the term of new franchises to seven years and requires the Boar…Open in Informed Citizenry