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Session Laws, 2006
Volume 750, Page 4084   View pdf image
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Ch. 5 2006 LAWS OF MARYLAND
(d) The Department may not change the current method of valuation before
May 1, 2007. SECTION 10. AND BE IT FURTHER ENACTED, That, notwithstanding any
other provision of law, for fiscal year 2007 only: (a)     After making the distribution required under § 2-613 of the Tax - General
Article, but before making the distributions required under §§ 2-614 and 2-615 of the
Tax — General Article, from the remaining income tax revenue from corporations, the
Comptroller shall distribute $6,000,000 to the Electric Universal Service Fund
established under § 7-512.1 of the Public Utility Companies Article. (b)     The funds distributed to the Electric Universal Service Fund under this
section: (1)     shall be in addition to the funds collected for the electric universal
service program under § 7-512.1(e) of the Public Utility Companies Article; (2)     may not be returned to customers under § 7-512.1(b)(3) of the Public
Utility Companies Article; and (3)     shall be administered by the Department of Human Resources and
disbursed as bill assistance and arrearage retirement funds without regard to the
limitation on retirement of arrearages under § 7-512.1(a)(2)(iii) of the Public Utility
Companies Article. SECTION 11. AND BE IT FURTHER ENACTED, That: (a)     The Public Service Commission shall study: (1)     the impact of the costs of rising fuel prices on residential consumers
by obtaining on a monthly basis, for electric customers and gas customers, for each
company and category of service: (i) the number of residential utility turn-off notices issued in
Maryland; (ii) the number of residential customer turn-offs in Maryland; (iii) the number of residential re-connections established in
Maryland; and (iv) the gross amount of residential customer arrearages for each
class of customers in Maryland; and (2)     potential programs to mitigate the impact of these costs on
low-income residential customers, including: (i) percentage of income plans; and (ii) tiered rate structure plans. (b)     On or before October 1 of 2006 through 2010, the Commission shall report
the information obtained under subsection (a)(1) of this section to the Senate Finance - 4084 -


 
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Session Laws, 2006
Volume 750, Page 4084   View pdf image
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