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9 employees and to defray the costs incurred by the Public | | Advocate pursuant to this Title, including administrative | | expenses, general expenses, consulting fees and all other | | reasonable costs incurred to administer this Title. |
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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 | | 2002-03 and fiscal year 2003-04 for use in the following | | fiscal year, unexpended funds in excess of 10% of the total | | annual assessment authorized in this section must, at the | option of the Public Advocate, either | | the Legislature in accordance with paragraph A for | | reallocation and expenditure or used to reduce the utility | | assessment in the following fiscal year. In the case of | | funds carried forward from fiscal year 2002-03 and fiscal | | year 2003-04 for use in the following fiscal year, 100% of | | these funds may be expended for the purposes specified in | | this section. |
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| | | Sec. 3. Public Utilities Commission study. Beginning on the effective | | date of this Act, the Public Utilities Commission shall account | | for the time spent by the commission and all other professional | | and support staff on energy supply issues, including, but not | | limited to, regional supply issues, standard offer proceedings | | and oversight of competitive energy providers, and report the | | accounting results to the Joint Standing Committee on Utilities | | and Energy no later than March 1, 2006. The committee is | | authorized to report out a bill based on the results of this | | study. |
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| | | Emergency clause. In view of the emergency cited in the preamble, | | this Act takes effect when approved. |
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| | | This bill requires the Public Utilities Commission to develop | | a method of accounting for the time spent by the commission and | | its professional and support staff on energy supply issues and | | report the accounting results by March 1, 2006 to the Joint | | Standing Committee on Utilities and Energy. The bill also | | requires annual assessments for the operation of the Office of | | Public Advocate to be calculated in the same manner as | | assessments made by the Public Utilities Commission. |
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