LD 868
pg. 4
Page 3 of 4 PUBLIC Law Chapter 135 LD 868 Title Page
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LR 989
Item 1
 
C-1. Except as specified in this subsection, funds 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
2004-05 and fiscal year 2005-06 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 be presented to 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 2004-05 and fiscal year 2005-06 for
use in the following fiscal year, 100% of these funds may be
expended for the purposes specified in this section.

 
Sec. 4. Public Utilities Commission study. The Public Utilities
Commission shall, so far as is reasonably practicable, make an
accounting of resources devoted by the commission to matters that
relate to or affect entities other than public utilities. The
commission shall 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 to the
Second Regular Session of the 122nd Legislature relating to the
assessments imposed under the Maine Revised Statutes, Title 35-A,
section 116.

 
Emergency clause. In view of the emergency cited in the preamble,
this Act takes effect when approved.

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