Chapter 443 |
2016 -- H 7870 SUBSTITUTE A Enacted 07/12/2016 |
A N A C T |
RELATING TO PUBLIC UTILITIES AND CARRIERS - PUBLIC UTILITIES COMMISSION |
Introduced By: Representative John G. Edwards |
Date Introduced: March 04, 2016 |
It is enacted by the General Assembly as follows: |
SECTION 1. Section 39-1-23 of the General Laws in Chapter 39-1 entitled "Public |
Utilities Commission" is hereby amended to read as follows: |
39-1-23. Administrative expenses -- Assessment against utilities. -- (a) The |
administrator shall aggregate the expenses of the division, including expenses incurred by the |
attorney general pursuant to § 39-1-19, and expenses incurred by the commission, for each |
upcoming fiscal year and shall apportion and assess these expenses among the state's regulated |
utilities based upon approved budgets. When submitting the budget, the budget office shall |
clearly indicate the revenues from assessments. Included within this prospective assessment, shall |
be those expenses expected to be incurred by the attorney general pursuant to § 39-1-19 for the |
upcoming fiscal year. The expenses anticipated by the attorney general and the commission for |
each upcoming fiscal year shall be communicated to the administrator within thirty (30) days of |
request by the administrator. The administrator shall thereupon apportion and assess one hundred |
percent (100%) of such expenses among the several public utility companies and common |
carriers located in this state in the proportion that the gross, intrastate-utility-operating revenues |
of each public utility company and common carrier shall bear to the total, gross-intrastate-utility |
operating revenues for the last preceding fiscal year of all public utility companies and common |
carriers; provided, however, that any public utility or common carrier, whose gross, intrastate |
revenues in any fiscal year as reported to the administrator do not exceed one hundred thousand |
dollars ($100,000), shall not be subject to the assessment under the provisions hereof; and, |
provided further, that all motor carriers subject to the provisions of chapter 12 chapters 12 and 14 |
of this title shall not be subject to the assessment under the provisions hereof. The sum so |
apportioned and assessed shall be in addition to any taxes payable to the state under any other |
provision of law. The assessments shall be divided between the commission and the division |
based upon the approved budgets. |
(b) The administrator shall apply any budgetary balance or shortfalls remaining from a |
prior, annual assessment toward the next upcoming fiscal-year assessment to the division or the |
commission as appropriate. |
(c) Upon collection from the several public utility companies and common carriers |
operating in this state, assessments and any state appropriations shall be deposited in an account |
to be known as the public utilities commission funding account. This fund shall be a restricted |
receipt account and shall be kept by the general treasurer separately and shall be paid out by the |
general treasurer only upon receipt of properly authenticated vouchers signed by the |
administrator, or his or her designee, for the division's share of the account. The same procedure |
shall be followed for the commission, except that such vouchers shall be signed by the |
commission chairperson, or his or her designee. The general treasurer shall provide for separate |
accounting of the division and commission budget and expenses. The moneys in the public- |
utilities fund shall be expended by the administrator or the commission, as appropriate for |
meeting the expenses of the operation of the commission, the division, and those expenses |
incurred by the attorney general, pursuant to § 39-1-19. |
(d) The legislature may appropriate from the general funds such sums as are necessary |
for the regulation of public utilities. |
SECTION 2. This act shall take effect upon passage. |
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LC003374/SUB A |
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