‘Sec. 1. 35-A MRSA §310, sub-§3, as amended by PL 1999, c. 398, Pt. A, §14 and affected by §§104 and 105, is further amended to read:
HP0844 LD 1151 |
First Regular Session - 123rd Legislature - Text: MS-Word, RTF or PDF |
LR 1777 Item 2 |
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Bill Tracking | Chamber Status |
Amend the bill by striking out everything after the enacting clause and before the summary and inserting the following:
‘Sec. 1. 35-A MRSA §310, sub-§3, as amended by PL 1999, c. 398, Pt. A, §14 and affected by §§104 and 105, is further amended to read:
summary
This amendment replaces the bill. The amendment clarifies the exception to the laws that require that rate changes of consumer-owned water utilities be subject to suspension, investigation, hearing or rate substitution by the Public Utilities Commission that is proposed in the bill. The exception is limited to changes in rates or charges for services other than the provision of water, as in the bill. The amendment specifies that the cumulative effect of such changes over a 12-month period may not exceed 1% of total annual revenue. The amendment also places the exception in a more relevant section of the law.