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127th MAINE LEGISLATURE |
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LD 660 |
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LR 1551(01) |
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An Act To Protect
Homeowners from Damage in the Event of a Failure of Public Water Systems |
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Preliminary
Fiscal Impact Statement for Original Bill |
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Sponsor: Rep. DeChant of Bath |
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Committee: Energy, Utilities and Technology |
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Fiscal Note Required: No |
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| Preliminary
Fiscal Impact Statement |
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| Minor cost increase - Other Special Revenue Funds |
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| Fiscal Detail
and Notes |
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Any additional
costs to the Public Utilities Commission to adopt rules allowing
consumer-owned water utilities to establish a homeowner protection fund to
reimburse homeowners in the event of a water system failure causing damage to
the homeowner's property are expected to be minor and can be absorbed within
existing budgeted resources. |
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