---
type: "Bill"
title: "Utilities/Rate Base/Fair Value Determination."
description: "Utilities/Rate Base/Fair Value Determination."
jurisdiction: "us/states/nc"
legislature: "North Carolina General Assembly"
session: "2017"
identifier: "HB 351"
citation: "North Carolina HB 351 (2017)"
classification: ["bill"]
subjects: ["APPRAISALS", "COMMERCE", "COMMISSIONS", "COUNTIES", "INFRASTRUCTURE", "LOCAL GOVERNMENT", "MUNICIPALITIES", "PRESENTED", "PUBLIC", "RATIFIED", "UTILITIES", "UTILITIES COMN.", "WATER & SEWER SYSTEMS", "CHAPTERED"]
status: "enacted"
primary_sponsors: ["Watford"]
version_count: 8
action_count: 34
vote_count: 2
first_action: "2017-03-14"
last_action: "2018-06-25"
source: "openstates"
source_identifier: "ocd-bill/fb1126aa-fca3-4b0f-ab5f-df484b1184f6"
source_url: "http://www.ncleg.net/gascripts/BillLookUp/BillLookUp.pl?Session=2017&BillID=H351&votesToView=all"
source_hash: "532af427b9fe9a153e51206f5e669a7264b823cb095f775be0ad151df6754c0b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-nc"]
---

# North Carolina HB 351 (2017) — Utilities/Rate Base/Fair Value Determination.

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Filed** (filed) — [source](http://www.ncleg.net/Sessions/2017/Bills/House/PDF/H351v0.pdf)
2. **A1: Scanned Document** (committee substitute) — [source](https://webservices.ncleg.net/ViewBillDocument/2017/4121/0/H351-A-NBC-1521)
3. **Edition 1** (committee substitute) — [source](http://www.ncleg.net/Sessions/2017/Bills/House/PDF/H351v1.pdf)
4. **Edition 2** (committee substitute) — [source](http://www.ncleg.net/Sessions/2017/Bills/House/PDF/H351v2.pdf)
5. **Edition 3** (committee substitute) — [source](http://www.ncleg.net/Sessions/2017/Bills/House/PDF/H351v3.pdf)
6. **Edition 4** (committee substitute) — [source](http://www.ncleg.net/Sessions/2017/Bills/House/PDF/H351v4.pdf)
7. **Ratified** (committee substitute) — [source](http://www.ncleg.net/Sessions/2017/Bills/House/PDF/H351v5.pdf)
8. **SL 2018-51** (committee substitute) — [source](http://www.ncleg.net/Sessions/2017/Bills/House/PDF/H351v6.pdf)

## Votes

- M11 Concur — **91–11** (pass) · lower
- Second Reading — **43–4** (pass) · upper

## Sponsors

- Watford — primary (person)
- Collins — cosponsor (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2018-06-25** Ch. SL 2018-51 `became-law`
- **2018-06-25** Became Law W/o Signature `became-law`
- **2018-06-14** Pres. To Gov. 6/14/2018 `executive-receipt`
- **2018-06-14** Ratified
- **2018-06-14** Ordered Enrolled
- **2018-06-14** Concurred In S Com Sub `amendment-passage`
- **2018-06-13** Placed On Cal For 06/14/2018
- **2018-06-13** Cal Pursuant 36(b)
- **2018-06-13** Special Message Received For Concurrence in S Com Sub
- **2018-06-13** Special Message Sent To House
- **2018-06-13** Passed 3rd Reading `passage, reading-3`
- **2018-06-13** Passed 2nd Reading `reading-2`
- **2018-06-13** Placed on Today's Calendar
- **2018-06-13** Reptd Fav `committee-passage-favorable`
- **2018-06-12** Re-ref Com On Rules and Operations of the Senate `referral-committee`
- **2018-06-12** Com Substitute Adopted
- **2018-06-12** Reptd Fav Com Substitute `committee-passage-favorable`
- **2018-06-11** Re-ref to Commerce and Insurance. If fav, re-ref to Rules and Operations of the Senate `referral-committee`
- **2018-06-11** Withdrawn From Com
- **2017-04-27** Ref To Com On Rules and Operations of the Senate `referral-committee`
- **2017-04-27** Passed 1st Reading `reading-1`
- **2017-04-27** Regular Message Received From House
- **2017-04-27** Regular Message Sent To Senate
- **2017-04-26** Ordered Engrossed
- **2017-04-26** Passed 3rd Reading `passage, reading-3`
- **2017-04-26** Passed 2nd Reading `reading-2`
- **2017-04-26** Amend Adopted A1 `amendment-passage`
- **2017-04-25** Placed On Cal For 04/26/2017
- **2017-04-25** Cal Pursuant Rule 36(b)
- **2017-04-25** Reptd Fav Com Substitute `committee-passage-favorable`
- **2017-04-20** Serial Referral To State and Local Government II Stricken
- **2017-03-15** Ref to the Com on Energy and Public Utilities, if favorable, State and Local Government II `referral-committee`
- **2017-03-15** Passed 1st Reading `reading-1`
- **2017-03-14** Filed `introduction`

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/fb1126aa-fca3-4b0f-ab5f-df484b1184f6`. Confidence: reported (aggregated from official North Carolina legislature records).