Bill PR55 explained in plain English
London Hydro Holdings Inc. Act, 2026
Ontario legislature bill summary, status, timeline, sponsor, votes, and official sources.
At a glance
Official Legislative Assembly of Ontario snapshot for 44th Parliament, 1st Session. Representative vote breakdowns appear when the Assembly publishes an Ayes and Nays page for the bill.
Our plain-language take, written for civic education.
Source: By PoliticalData.ca
Bill PR55, the London Hydro Holdings Inc. Act, 2026, proposes to revive the dissolved corporation London Hydro Holdings Inc. to resume its former business.
This private bill, titled the London Hydro Holdings Inc. Act, 2026, seeks to revive a corporation named London Hydro Holdings Inc. The corporation was voluntarily dissolved on February 1, 2002. The bill states that the revival is to allow the corporation to resume its previous business activities. If passed, the corporation would be restored to its legal position as if it had never been dissolved, subject to any rights that have been acquired by others since its dissolution.
- Revives the corporation known as London Hydro Holdings Inc.
- Restores London Hydro Holdings Inc. to its legal position as it was before its dissolution.
- Makes the revived corporation subject to any rights acquired by others after its dissolution.
- Makes the revived corporation subject to its former liabilities, contracts, disabilities, and debts.
- States that the Act comes into force on the day it receives Royal Assent.
- London Hydro Holdings Inc.
- Michael Schulthess (applicant)
- The Corporation of the City of London (former sole shareholder)
- Persons or entities who acquired rights after the dissolution of London Hydro Holdings Inc.
- London Hydro Holdings Inc. is restored to all its property, rights, privileges, and franchises.
- London Hydro Holdings Inc. remains subject to all its liabilities, contracts, disabilities, and debts.
- The revival is subject to any rights acquired by any person after its dissolution.
- The Act comes into force on the day it receives Royal Assent.
- London Hydro Holdings Inc. was voluntarily dissolved on February 1, 2002.
- The bill does not specify the exact nature of the business London Hydro Holdings Inc. conducted prior to its dissolution.
- The bill does not detail the specific rights acquired by third parties since the dissolution of London Hydro Holdings Inc., which could impact the scope of its revival.
The corporation London Hydro Holdings Inc. would be revived and restored to its legal status and responsibilities as if it had not been dissolved.
Source: Section 1
The voluntary dissolution of London Hydro Holdings Inc. under this Act in 2002 is effectively reversed for that specific corporation by this new Act.
Source: Preamble
Generated using AI from official bill text. Not legal advice. It is written by PoliticalData.ca for civic education, automatically checked and spot-reviewed before publishing.
Official textProcess Snapshot
Vote Summary
This bill is still active. We only show vote counts after the legislature publishes a recorded division.
No published representative vote breakdown
This bill is still moving through the process. When a recorded division is published, representative positions can be listed here.
Official sources
Status, sponsor, votes, and timeline on this page are drawn from these official legislative sources and public records. Each summary above is attributed to its own source.
How this data is sourced