123rd MAINE LEGISLATURE
		LD 1866		LR 93(02)
	An Act To Revise Maine's Utility Reorganization Laws
	Fiscal Note for Bill as Amended by Committee Amendment "     "
	Committee: Utilities and Energy
	Fiscal Note Required: Yes
Fiscal Note
Potential future biennium revenue increase - Other Special Revenue Funds
Fiscal Detail and Notes
	This legislation will modify the standard the Public Utilities Commission will apply in reviewing and approving reorganizations and mergers involving Maine's largest utilities.  It will increase from $50,000 to $100,000 the amount of funding that the commission may obtain from reorganization applicants with gross annual Maine revenues exceeding $50,000,000 to contribute toward the Commission's additional costs of processing a reorganization proceeding.  When and how often the additional revenue will be received cannot be estimated at this time.