‘Sec. 1. 35-A MRSA §3132, sub-§14 is enacted to read:
SP0223 LD 608 |
First Regular Session - 124th Maine Legislature C "A", Filing Number S-50
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LR 1197 Item 2 |
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Bill Tracking | Chamber Status |
Amend the bill by striking out all of section 1 (page 1, lines 2 to 14 in L.D.) and inserting the following:
‘Sec. 1. 35-A MRSA §3132, sub-§14 is enacted to read:
SUMMARY
This amendment makes several changes to clarify that the compensation required by the bill is for net adverse effects on ratepayers, as opposed to adverse effects; that it may be provided through an appropriate compensation mechanism other than a rebate or rate reduction; and that it must be for the benefit of affected ratepayers in the area covered by the Northern Maine Independent System Administrator. Additionally, the amendment limits the period over which the compensation is calculated and provided to affected ratepayers to a period of not more than 10 years.