(III) THE AMOUNT OF LOW-INCOME ASSISTANCE INCLUDED IN
RATES PRIOR TO THE INITIAL IMPLEMENTATION DATE.
(F) FOR THE FOURTH YEAR AFTER THE INITIAL IMPLEMENTATION DATE, AND
FOR EACH YEAR THEREAFTER THE AMOUNT TO BE USED FOR THE UNIVERSAL
SERVICE PROGRAM, DETERMINED AFTER CONSIDERATION OF THE
RECOMMENDATION OF THE COMMISSION REQUIRED UNDER THIS SECTION, IS
SUBJECT TO THE APPROVAL OF THE GENERAL ASSEMBLY THROUGH THE
ENACTMENT OF LEGISLATION.
(G) NOTWITHSTANDING ANY OTHER PROVISION OF THIS ARTICLE, FOR THE 3
YEARS IMMEDIATELY FOLLOWING THE INITIAL IMPLEMENTATION DATE,
ELECTRICITY SUPPLIERS AND ELECTRIC COMPANIES MAY NOT TERMINATE, FOR AN
ARREARAGE BALANCE DUE ON THE INITIAL IMPLEMENTATION DATE, THE SUPPLY
OF ELECTRICITY TO A CUSTOMER WHO RECEIVES ASSISTANCE UNDER THE
UNIVERSAL SERVICE PROGRAM UNDER THIS SECTION.
(H) (1) IN THIS SUBSECTION, "FUND" MEANS THE UNIVERSAL SERVICE
PROGRAM FUND.
(2) THERE IS A UNIVERSAL SERVICE PROGRAM FUND.
(3) (1) 1. THE COMPTROLLER SHALL COLLECT THE REVENUE
COLLECTED BY ELECTRIC COMPANIES UNDER SUBSECTION (B) OF THIS SECTION
AND PLACE THE REVENUE INTO THE FUND.
2. THE GENERAL ASSEMBLY MAY APPROPRIATE FUNDS
SUPPLEMENTAL TO THE FUNDS COLLECTED UNDER SUB-SUBPARAGRAPH 1 OF THIS
SUBPARAGRAPH.
(II) THE FUND IS A CONTINUING, NONLAPSING FUND THAT IS NOT
SUBJECT TO 7-302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.
(III) THE PURPOSE OF THE FUND IS TO ASSIST ELECTRIC
CUSTOMERS AS PROVIDED IN SUBSECTION (A)(1) OF THIS SECTION.
(4) THE DEPARTMENT OF HUMAN RESOURCES. WITH OVERSIGHT BY
THE COMMISSION, SHALL DISBURSE THE FUNDS IN ACCORDANCE WITH THE
PROVISIONS OF THIS SECTION.
(5) IN ANY YEAR WHEN THERE ARE UNEXPENDED FUNDS, THOSE
FUNDS SHALL BE RETURNED TO THE CUSTOMER CLASSES PROPORTIONATE TO HOW
THE CUSTOMER CLASSES PAID INTO THE FUND.
7-513.
(A) (1) IN ACCORDANCE WITH THIS SUBSECTION AN ELECTRIC COMPANY
SHALL BE PROVIDED A FAIR OPPORTUNITY TO RECOVER ALL OF ITS PRUDENTLY
INCURRED AND VERIFIABLE NET TRANSITION COSTS. SUBJECT TO FULL
MITIGATION, FOLLOWING THE COMMISSION'S DETERMINATION UNDER SUBSECTION
(B) OF THIS SECTION
|