clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e
  Maryland State Archives | Index | Help | Search search for:
clear space
white space
Session Laws, 1999
Volume 796, Page 4013   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

(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 company, 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 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) (1) Within 30 days after the Commission issues a bill under subsection (b)
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
determination 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.

(D) THE COMMISSION SHALL PAY THE FUNDS COLLECTED FROM FEES
ASSESSED UNDER THIS SECTION:

(1) INTO THE GENERAL FUND OF THE STATE. FOR THE COSTS AND
EXPENSES OF THE OFFICE OF PEOPLE'S COUNSEL DETERMINED UNDER
SUBSECTION (B)(12)(II) OF THIS SECTION; AND

(2) INTO THE PUBLIC SERVICE COMMISSION FUND, IN AN AMOUNT NOT
TO EXCEED $10,000,000, FOR THE COSTS AND EXPENSES OF THE COMMISSION.

(E) (1) THERE IS A PUBLIC SERVICE COMMISSION FUND.

(2) THE FUND IS A SPECIAL CONTINUING, NONLAPSING FUND THAT IS
NOT SUBJECT TO § 7-302 OF THE STATE FINANCE AND PROCUREMENT ARTICLE.

(3) THE TREASURER SHALL SEPARATELY HOLD, AND THE
COMPTROLLER SHALL ACCOUNT FOR, THE FUND.


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1999
Volume 796, Page 4013   View pdf image
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact msa.helpdesk@maryland.gov.

©Copyright  October 11, 2023
Maryland State Archives