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Session Laws, 1999
Volume 796, Page 150   View pdf image
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(2) An appropriation for the costs and expenses of the Commission shall
be included in the State budget and paid from the State treasury.

(3) The State treasury shall be reimbursed from the money collected
under this section.

[(b)] (C) (1) (i) Before each State fiscal year, the Chairman of the
Commission shall estimate the Commission's total costs and expenses, including:

1. the compensation and expenses of the Commission, its
officers, agents, and personnel;

2. the cost of retirement contributions, Social Security,
health insurance, and other benefits required to be paid by the State for the personnel
of the Commission;

3. all other maintenance and operation expenses; and

4. all other direct and indirect costs.

(ii) The estimate shall exclude the costs of maintaining testing
equipment reimbursable under
§ 2-111(a) of this subtitle.

(2) Based on the estimate, the Chairman shall determine the amount to
be paid by each public service
company.

(3) The Commission shall send a bill to each public service company on
or before May 1st of each year.

(4) The bill shall equal the product of:

(i) the estimated total costs and expenses of the Commission
during the next fiscal year; multiplied by

(ii) the ratio of the gross operating revenues for the public service
company derived from intrastate utility AND ELECTRICITY SUPPLIER operations in
the preceding calendar year, or other 12 month period as the Chairman determines,
to the total of the gross operating revenues derived from intrastate utility AND
ELECTRICITY SUPPLIER operations for all public service companies that are billed
under this section over that period.

(5) The minimum bill for a public service company shall be $10.

(6) The public service company:

(i) shall pay the bill on or before the next July 15th; or

(ii) may elect to make partial payments on the 15th days of July;
October, January, and April.

(7) A partial payment shall equal 25% of the bill and may not be less

 

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Session Laws, 1999
Volume 796, Page 150   View pdf image
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