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| | | An Act To Ensure Equity in Funding |
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| | | Emergency preamble. Whereas, acts of the Legislature do not become | | effective until 90 days after adjournment unless enacted as | | emergencies; and |
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| | | Whereas, the Public Utilities Commission and the Public Advocate | | rely on assessments for their annual budgets; and |
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| | | Whereas, this legislation affects the levels of income from | | specific sources; and |
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| | | Whereas, in the judgment of the Legislature, these facts create | | an emergency within the meaning of the Constitution of Maine and | | require the following legislation as immediately necessary for | | the preservation of the public peace, health and safety; now, | | therefore, |
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| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. 35-A MRSA §116, sub-§1, as amended by PL 2003, c. 272, §1, is | | further amended to read: |
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| | | 1. Utilities subject to assessments. Every transmission and | | distribution, gas, telephone and water utility and ferry subject | | to regulation by the commission is subject to an assessment on | | its intrastate gross operating revenues to produce a total of no | more than $5,505,000 in revenues annually. The |
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