131st MAINE LEGISLATURE
LD 683 LR 1892(02)
An Act to Reduce Electricity Rates
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
             
Fiscal Note
Removes Funding Option 
Minor cost increase - Other Special Revenue Funds 
Fiscal Detail and Notes
This bill removes a provision enacted in LD 1986 (P.L. 2023, c.411) that authorized the Public Utilities Commission (PUC) to provide funds for administrative costs to the Governor's Energy Office (GEO) from the PUC Regulatory Fund. Because the bill retains the provisions that allow the PUC to provide funding from the PUC Reimbursement Fund, no changes are required to the allocations provided in LD 1986.   
Any additional costs to the PUC or the GEO to implement the other provisions of this bill are expected to be minor and can be absorbed within existing budgeted resources.