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Session Laws, 1999
Volume 796, Page 51   View pdf image
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[generation] DISTRIBUTION and allowed and computed as such together with other
allowable expenses for purposes of rate-making.

(b) (1) The Comptroller shall collect the revenue from the surcharge imposed
under subsection (a) of this section and place the revenue into a special fund, the
Environmental Trust Fund.

(2) The Comptroller shall maintain the method of collection of the
surcharge from each electric company, and the money collected shall accrue to the
Fund.

(c) (1) Each fiscal year, the Secretary of Natural Resources shall coordinate
the preparation of the annual budget required to carry out the provisions of the Power
Plant Research Program under Title 3, Subtitle 3 of the Natural Resources Article.

(2) Each fiscal year, on approval of the annual budget by the General
Assembly for the Power Plant Research Program, the Commission shall establish the
amount of the environmental surcharge per kilowatt hour of electric energy
[generated] DISTRIBUTED in the State that is to be imposed on each electric company
in accordance with subsection (a) of this section.

(d) (1) Notwithstanding any other provision of this subtitle, the amount of
the surcharge for each account OF EACH RETAIL ELECTRIC CUSTOMER may not exceed
the lesser of 0.15 mill per kilowatt hour or $1,000 per month.

(2) The Department of Natural Resources shall credit against the amount
the Commission requires each electric company to pay into the Environmental Trust
Fund 1.5% of the total surcharge amount attributed to the electric company on the
basis of the amount of the electricity [generated] DISTRIBUTED in the State.

(e) The surcharge imposed under this subtitle shall terminate on June 30,
[2000] 2005.

Article - Natural Resources

3-302.

(a) There is an Environmental Trust Fund. For the purpose of this subtitle,
there is established as an added cost of [generation] ELECTRICITY DISTRIBUTED TO
RETAIL ELECTRIC CUSTOMERS WITHIN THE STATE, an environmental surcharge per
kilowatt hour of electric energy [generated] DISTRIBUTED in the State to be paid by
any electric company as defined in § 1-101 of the Public Utility Companies Article.
[This surcharge initially shall be assessed at 0.1 mill per kilowatt hour as of January
1, 1972.] The Public Service Commission shall impose the surcharge per kilowatt hour
of electric energy [generated] DISTRIBUTED TO RETAIL ELECTRIC CUSTOMERS
within the State and shall authorize the electric companies to add the full amount of
the surcharge to RETAIL ELECTRIC customers' bills. To the extent that the surcharge is
not collected from RETAIL ELECTRIC customers, the surcharge shall be deemed a cost
of [generation] DISTRIBUTION and shall be allowed and computed as such, together
with other allowable expenses, for rate-making purposes. Revenues from the surcharge
shall be collected by the Comptroller and placed in the Fund.


 

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Session Laws, 1999
Volume 796, Page 51   View pdf image
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