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produce $3,370,000 and | | assess all other utilities at a rate sufficient to produce | $1,548,000The commission shall increase the | assessment of transmission and distribution utilities to produce an | additional $218,000 during fiscal year 2001-02 and an additional | $402,000 during fiscal year 2002-03. The commission shall increase | the assessment of all other utilities to produce an additional | $100,000 during fiscal year 2001-02 and an additional $185,000 | during fiscal year 2002-03. | | assessments annually prior to May 1st and assess each utility for | | its pro rata share for expenditure during the fiscal year beginning | | July 1st. Each utility shall pay the assessment charged to the | | utility on or before July 1st of each year. Any increase in the | | assessment that becomes effective subsequent to May 1st may be | | billed on the effective date of the act authorizing the increase. |
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| | | A. The assessments charged to utilities under this section | | are just and reasonable operating costs for rate-making | | purposes. |
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| | | B. For the purposes of this section, "intrastate gross | | operating revenues" means intrastate revenues derived from | | filed rates, except revenues derived from sales for resale. |
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| | | C. Gas utilities subject to the jurisdiction of the | | commission solely with respect to safety are not subject to | | any assessment. |
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| | | D. The commission may correct any errors in the assessments | | by means of a credit or debit to the following year's | | assessment rather than reassessing all utilities in the | | current year. |
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| | | E. The commission may exempt utilities with annual | | intrastate gross operating revenues under $50,000 from | | assessments under this section. |
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| | | Sec. 2. 35-A MRSA §116, sub-§8, śC-1, as amended by PL 2001, c. 28, §1, | | is further amended to read: |
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| | | C-1. Except as specified in this subsection, funds that are not | | expended at the end of a fiscal year do not lapse but must be | | carried forward to be expended for the purposes specified in this | | section in succeeding fiscal years; but, with the exception of | funds carried forward from fiscal year 1996-97 to fiscal year | 1997-98 and with the exception of funds carried forward at the | end of fiscal year 2000-012001-02 | | 04 for use in the following fiscal year, unexpended funds in | | excess of 10% of |
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