Private water companies.(In Brief)(Brief Article)

Private water companies should be eligible for Proposition 50 bond funds, according to a recommendation from the Legislative Analyst's Office. In a May 14 report, the LAO found that legal and tax issues could be resolved, so the issue is one of policy for the Legislature. Proposition 50--a $3.4 billion resources bond approved in November 2002,--does not address public versus private eligibility, and the LAO has urged lawmakers to set a clear policy. Senate Bill …