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126th MAINE LEGISLATURE |
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LD 1761 |
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LR 2444(03) |
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An Act To Ensure
That Large Public Utility Reorganizations Advance the Economic Development
and Information Access Goals of the State |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Energy, Utilities and Technology |
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Fiscal Note Required: Yes |
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Fiscal Note |
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Minor cost increase - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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The bill requires
the Public Utilities Commission (PUC) to take certain actions before
approving a reorganization involving any public utility having gross annual
State revenues exceeding $50,000,000. Any additional costs to the PUC to
undertake these activities are expected to be minor and can be absorbed
within existing budgeted resources.
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