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130th MAINE LEGISLATURE |
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LD 1959 |
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LR 2562(19) |
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An Act Regarding
Utility Accountability and Grid Planning for Maine's Clean Energy Future |
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Fiscal Note for
Bill as Engrossed with:
C "A" (S-550)
H "A" (H-1043) to C "A" (S-550) |
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Committee: Energy, Utilities and Technology |
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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 |
$899,028 |
$514,738 |
$539,116 |
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Revenue |
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Other Special Revenue Funds |
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$0 |
$899,028 |
$514,738 |
$539,116 |
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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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The bill includes
ongoing allocations to the Public Utilities Commission (PUC) of $499,028
beginning in fiscal year 2022-23 for 2 Utility Analyst positions and one
Staff Attorney position and associated All Other costs. It also includes a
one-time allocation of $400,000 in fiscal year 2022-23 for contracted
services to study similar investor-owned utilities and regulatory efforts.
The PUC is funded by assessments on transmission and distribution utilities
set to produce sufficient revenue for the expenditures needed to operate it.
The increased allocations in this bill require a corresponding increase in
revenue from those assessments. |
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