2016 -- H 7870 SUBSTITUTE A | |
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LC003374/SUB A | |
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STATE OF RHODE ISLAND | |
IN GENERAL ASSEMBLY | |
JANUARY SESSION, A.D. 2016 | |
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A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS - PUBLIC UTILITIES COMMISSION | |
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Introduced By: Representative John G. Edwards | |
Date Introduced: March 04, 2016 | |
Referred To: House Corporations | |
It is enacted by the General Assembly as follows: | |
1 | SECTION 1. Section 39-1-23 of the General Laws in Chapter 39-1 entitled "Public |
2 | Utilities Commission" is hereby amended to read as follows: |
3 | 39-1-23. Administrative expenses -- Assessment against utilities. -- (a) The |
4 | administrator shall aggregate the expenses of the division, including expenses incurred by the |
5 | attorney general pursuant to § 39-1-19, and expenses incurred by the commission for each |
6 | upcoming fiscal year and shall apportion and assess these expenses among the state's regulated |
7 | utilities based upon approved budgets. When submitting the budget, the budget office shall |
8 | clearly indicate the revenues from assessments. Included within this prospective assessment shall |
9 | be those expenses expected to be incurred by the attorney general pursuant to § 39-1-19 for the |
10 | upcoming fiscal year. The expenses anticipated by the attorney general and the commission for |
11 | each upcoming fiscal year shall be communicated to the administrator within thirty (30) days of |
12 | request by the administrator. The administrator shall thereupon apportion and assess one hundred |
13 | percent (100%) of such expenses among the several public utility companies and common |
14 | carriers located in this state in the proportion that the gross intrastate utility operating revenues of |
15 | each public utility company and common carrier shall bear to the total gross intrastate utility |
16 | operating revenues for the last preceding fiscal year of all public utility companies and common |
17 | carriers; provided, however, that any public utility or common carrier, whose gross intrastate |
18 | revenues in any fiscal year as reported to the administrator do not exceed one hundred thousand |
19 | dollars ($100,000), shall not be subject to the assessment under the provisions hereof; and, |
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1 | provided further, that all motor carriers subject to the provisions of chapter 12 chapters 12 and 14 |
2 | of this title shall not be subject to the assessment under the provisions hereof. The sum so |
3 | apportioned and assessed shall be in addition to any taxes payable to the state under any other |
4 | provision of law. The assessments shall be divided between the commission and the division |
5 | based upon the approved budgets. |
6 | (b) The administrator shall apply any budgetary balance or shortfalls remaining from a |
7 | prior annual assessment toward the next upcoming fiscal year assessment to the division or the |
8 | commission as appropriate. |
9 | (c) Upon collection from the several public utility companies and common carriers |
10 | operating in this state, assessments and any state appropriations shall be deposited in an account |
11 | to be known as the public utilities commission funding account. This fund shall be a restricted |
12 | receipt account and shall be kept by the general treasurer separately and shall be paid out by the |
13 | general treasurer only upon receipt of properly authenticated vouchers signed by the administrator |
14 | or his or her designee for the division's share of the account. The same procedure shall be |
15 | followed for the commission except that such vouchers shall be signed by the commission |
16 | chairperson or his or her designee. The general treasurer shall provide for separate accounting of |
17 | the division and commission budget and expenses. The moneys in the public utilities fund shall |
18 | be expended by the administrator or the commission, as appropriate for meeting the expenses of |
19 | the operation of the commission, the division and those expenses incurred by the attorney general, |
20 | pursuant to § 39-1-19. |
21 | (d) The legislature may appropriate from the general funds such sums as are necessary |
22 | for the regulation of public utilities. |
23 | SECTION 2. This act shall take effect upon passage. |
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LC003374/SUB A | |
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EXPLANATION | |
BY THE LEGISLATIVE COUNCIL | |
OF | |
A N A C T | |
RELATING TO PUBLIC UTILITIES AND CARRIERS - PUBLIC UTILITIES COMMISSION | |
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1 | This act would exempt taxicabs and limited public motor vehicles from the public utility |
2 | companies annual financial assessment for reimbursement of administrative expenses. |
3 | This act would take effect upon passage. |
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LC003374/SUB A | |
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