Bill Text: NC H1995 | 2010 | Regular Session | Amended


Bill Title: Increase Utilities Commission Regulatory Fee

Spectrum: Partisan Bill (Democrat 6-0)

Status: (Introduced - Dead) 2010-05-26 - Ref to the Com on Public Utilities, if favorable, Finance [H1995 Detail]

Download: North_Carolina-2010-H1995-Amended.html

GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 2009

H                                                                                                                                                    1

HOUSE BILL 1995

 

 

Short Title:        Increase Utilities Commission Regulatory Fee.

(Public)

Sponsors:

Representatives Luebke, Gibson, Wainwright (Primary Sponsors);  Adams, Harrison, and Wray.

Referred to:

Public Utilities, if favorable, Finance.

May 26, 2010

A BILL TO BE ENTITLED

AN ACT to increase the regulatory fee for the utilities commission.

The General Assembly of North Carolina enacts:

SECTION 1.  Section 14.26 of S.L. 2009‑451 reads as rewritten:

"SECTION 14.26.(a)  The percentage rate to be used in calculating the public utility regulatory fee under G.S. 62‑302(b)(2) is twelve fifteen one‑hundredths of one percent (0.12%)(0.15%) for each public utility's North Carolina jurisdictional revenues earned during each quarter that begins on or after July 1, 2009.July 1, 2010.

"SECTION 14.26.(b)  The electric membership corporation regulatory fee imposed under G.S. 62‑302(b1) for the 2009‑20102010‑2011 fiscal year is two hundred thousand dollars ($200,000).

"SECTION 14.26.(c)  This section becomes effective July 1, 2009.July 1, 2010."

SECTION 2.  This act is effective when it becomes law.

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