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130th MAINE LEGISLATURE |
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LD 1959 |
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LR 2562(02) |
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An Act To Ensure
Transmission and Distribution Utility Accountability |
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Fiscal Note for
Bill as Amended by Committee Amendment " " |
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Committee: Energy, Utilities and Technology |
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Fiscal Note Required: Yes |
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Fiscal Note |
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FY 2021-22 |
FY 2022-23 |
Projections FY 2023-24 |
Projections FY 2024-25 |
Appropriations/Allocations |
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Other Special Revenue Funds |
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$0 |
$692,791 |
$2,520,361 |
$2,201,658 |
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Revenue |
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Other Special Revenue Funds |
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$0 |
$692,791 |
$2,524,361 |
$2,201,658 |
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Correctional
and Judicial Impact Statements |
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This bill may
increase the number of civil suits filed in the court system. The additional
workload associated with the minimal number of new cases filed in the court
system does not require additional funding at this time. The collection of
additional filing fees may increase General Fund revenue by minor amounts. |
Fiscal Detail
and Notes |
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This bill
establishes new performance standards for transmission and distribution
utilities operating in the State and creates new oversight responsibilities
for the Public Utilities Commission (PUC). The bill includes ongoing
allocations of $692,791 beginning in fiscal year 2022-23 for six Utility
Analyst positions and 5 Staff Attorney positions and associated All Other
costs. The PUC will also require additional allocations of $650,000 in fiscal
year 2023-24 and $250,000 for contracted services related to the additional
reporting requirements outlined in the bill. The PUC is funded by an
assessment set to produce sufficient revenue for the expenditures allocated
by the Legislature for operating the PUC. The increased allocations in this
bill require a corresponding increase in revenue from the assessment on
transmission and distribution utilities. |
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