Amends TCA Title 7, Chapter 34; Title 7, Chapter 36; Title 7, Chapter 52, Part 1 and Title 7, Chapter 82, Part 3.

This bill authorizes municipal utility systems providing water, sewer, or natural gas service, utility districts created under the Utility District Law of 1937, and any utility district created by a public or private act to enter into agreements with companies to provide water, sewer, or natural gas leak protection bill coverage, insurance, or service agreements for customers and to offer their customers water line, sewer line, or natural gas line damage protection coverage, insurance, or service agreements for customer-owned water, sewer, or natural gas lines. This bill also authorizes municipal utility systems and utility districts to include the costs for the coverage, insurance, or service agreements on the monthly utility bills of their customers.<br /> <br /> This bill authorizes municipal utilities that provide electric service under the Municipal Electric Plant Law of 1935 to assist its utility customers in installing or maintaining fixtures, devices, appliances, apparatus, and equipment of all kinds and character and, in connection therewith, to purchase, acquire, lease, sell, distribute, incentivize, insure, make loans, provide service contracts, enter into agreements, contract with third parties, and repair such fixtures, devices, appliances, apparatus, and equipment and sell, assign, transfer, endorse, pledge, and otherwise dispose of notes or other evidences of indebtedness. This bill authorizes municipal utilities that provide electric service to add periodic payments to customers' monthly bills to cover the cost of any such transactions and to terminate utility service for non-payment.<br /> <br />