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Session Laws, 1999
Volume 796, Page 151   View pdf image
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(8) During any State fiscal year, the Chairman may change the estimate
of costs and expenses of the Commission.

(9) (i) If the estimate is changed, the Commission shall send a revised
bill to each public service company that has elected to make partial payments.

(ii) The change shall be apportioned equally against the remaining
payments for the fiscal year.

(10) (i) On or before September 15th of each year, the Chairman shall
compute the actual costs and expenses of the Commission for the preceding fiscal

year.

(ii) After deducting the amounts recovered under § 2-111(a) of this
subtitle, on or before October 15th, the Chairman shall send
to any public service
company that is affected a statement that shows the amount due or the amount to the

credit of the public service company.

(11) (i) A public service company shall pay an amount due within 30
days after the statement is received.

(ii) At the option of the public service oompany, an amount to the
credit of a public service company shall be refunded or applied against any succeeding
payment due.

(12) The total amount that may be charged to a public service company
under this section for a State fiscal year may not exceed:

(i) 0.17% of the public service company's gross operating revenues
derived from intrastate utility AND ELECTRICITY
SUPPLIERS operations in the
preceding calendar year, or other 12 month period that the Chairman determines, for

the costs and expenses of the Commission other than that of the Office of People's
Counsel; plus

(ii) 0.05% of those revenues for the costs and expenses of the Office
of People's Counsel.

[(c)](D) (i) Within 30 days after the Commission issues a bill under
subsection [(b)] (C) of this section, the party billed may request a hearing as to the

amount of the bill.

(2) Any amount of a bill that is not paid within 30 days after the date of
determi
nation on a hearing or, if a hearing is not requested, on the date when
payment is due, shall bear annual interest at a rate, not less than 6%, that the

Commission sets by regulation.

2-118.

(a) This section does not apply to taxicabs, power boat companies, toll bridges,
or towing and lightering companies.

 

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Session Laws, 1999
Volume 796, Page 151   View pdf image
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