| 123rd MAINE LEGISLATURE | ||||||
| LD 1866 | LR 93(01) | |||||
| An Act To Revise Maine's Utility Reorganization Laws | ||||||
| Fiscal Note for Original Bill | ||||||
| Sponsor: Sen. Sullivan of York | ||||||
| Committee: Utilities and Energy | ||||||
| Fiscal Note Required: No | ||||||
| Fiscal Note | ||||||
| Minor revenue increase - Other Special Revenue Funds | ||||||
| Fiscal Detail and Notes | ||||||
| This legislation will modify the standard the Public Utilities Commission will apply in reviewing and approving reorganizations and mergers involving Maine's largest utilities. It will increase from $50,000 to $100,000 the amount of funding that the commission may obtain from an applicant to contribute toward the Commission's additional costs of processing the reorganization proceeding. This proposal will result in a minor increase in Other Special Revenue Funds revenue to the Public Utilities Commission. | ||||||