It is enacted by the General Assembly as follows:

SECTION 1. Chapter 39-19 of the General Laws entitled "Community Antenna Television Systems" is hereby amended by adding thereto the following section:

{ADD 39-19-14. Recovery of expenses from cable television companies -- Mergers and aquisitions. -- ADD} {ADD The cable television company making an application or filing to the division, or subject to a division investigation, shall be charged with and shall pay the expenses reasonably so incurred by the division for the purchase of materials, and for the employment of legal counsel, official stenographers, engineers, accountants and expert witnesses and for travel, advertising expense, hearing site expense and other necessary expenses as are reasonably attributable to the investigation or the hearing of the application or filing by the division. ADD}

{ADD The total amount which may be charged to any cable television company under authority of this section for proceedings before the division in any calendar year shall not exceed ten thousand ($10,000) dollars. ADD}

{ADD The administrator shall ascertain the expenses and shall determine the amount to be paid by the cable television company or companies, and bills shall be rendered therefor either at the conclusion of the investigation or hearing, or from time to time during its progress, and the amount of each bill so rendered shall be paid by the cable television company to the administrator within thirty (30) days from the date of its rendition unless, within the thirty (30) day time period, the cable television company so billed shall request an opportunity to be heard by the division as to the amount thereof. The division shall comply with any such request. Any amount of the bill not paid within thirty (30) days from the date of service of the determination upon the hearing, or, if none shall be requested, within thirty (30) days from the date of rendition of the bill, shall draw interest at the rate of twelve percent (12%) per annum. At the discretion of the administrator, cable television companies may be prebilled for contractual services utilized by the division. Any revenue received but not expended upon the completion of the case will be promptly reimbursed to the cable television company. ADD}

SECTION 2. This act shall take effect upon passage.