Amend the bill by striking out everything after the enacting clause and before the summary and inserting the following:
‘Sec. 1. 35-A MRSA §6112, sub-§1, ¶¶A and B, as enacted by PL 2003, c. 529, §2, are amended to read:
A. For a utility with total annual revenues up to $85,000, an amount up to 10% 12% of the revenues required to operate the utility; and
B. For a utility with total annual revenues in excess of $85,000, an amount up to 5% 7% of the revenues required to operate the utility.
Sec. 2. 35-A MRSA §6112, sub-§3-A, as enacted by PL 2003, c. 529, §2, is repealed.
Sec. 3. 35-A MRSA §6112, sub-§3-B is enacted to read:
This amendment replaces the bill, which establishes a homeowner protection fund, and enables contingency allowance funds to be used to reimburse a consumer in the event of a water system failure that causes damage to the consumer's property. This amendment clarifies that the use of contingency funds by a consumer-owned water utility does not waive a utility's immunities or limitations on damages that exist under the Maine Tort Claims Act, any other statute or the common law. This amendment also increases the annual contingency allowance from 10% to 12% for a utility with annual revenues up to $85,000 and from 5% to 7% for a utility with total annual revenues in excess of $85,000.