SB 1417: Mutual water companies: assessments and water charges: notice.

This bill aims to regulate mutual water companies in California, which sell and deliver water for domestic use. It prohibits these companies from charging tenants of shareholders for water costs and requires all notices of charges to be sent to shareholders at their last known address. The bill also requires mutual water companies to provide certain records, including agendas, minutes, and annual budget reports, to eligible persons upon request. These records are currently available to shareholders, occupants, and elected officials, but the bill expands the list of eligible persons to include the chief administrative officer for each city, county, and government water agency. Additionally, the bill requires mutual water companies to prepare written proposals for assessments or water charge increases and to convene public meetings at least 30 days in advance. The proposals and notices mu…