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129th MAINE LEGISLATURE |
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LD 1881 |
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LR 2628(02) |
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An Act Regarding
Utility-related Fees |
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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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Future biennium revenue increase - Other Special Revenue Funds
Minor cost increase - Other Special Revenue Funds |
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Fiscal Detail
and Notes |
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This bill
requires the Public Utilities Commission (PUC) and the Office of the Public
Advocate (OPA) to apportion the existing assessments collected from public
utilities between investor-owned utilities and consumer-owned utilities. It
also requires the PUC to report on any filing fees or penalties collected
during the previous year that have not been adjusted in the previous five
years and to recommend adjustments based on the consumer price index. It also
requires the PUC and OPA to include information regarding their activities
devoted to investor-owned utilities and consumer-owned utilities in annual
reports. Finally, the bill authorizes the PUC to increase filing fees for
reorganizations of utilities from $50,000 to an amount not to exceed 5/100 of
1 percent of the estimated total value of the reorganization. |
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Recommendations
to change the filing fees or penalties based on the consumer price index and
changes to the filing fees for reorganizations of utilities will increase
Other Special Revenue Funds revenue to the PUC. No estimate of the amount is
made at this time. Any additional costs to the PUC and OPA from the
activities required in this bill are anticipated to be minor and can be
absorbed within existing budgeted resources. |
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