(C) (1) A PERSON OTHER THAN AN ELECTRIC COMPANY OR A MUNICIPAL
ELECTRIC UTILITY MAY NOT ENCAGE IN THE BUSINESS OF COMPETITIVE BILLING
SERVICES IN A LOCAL JURISDICTION THAT ASSESSES A LOCAL ENERGY TAX, UNLESS
THE PERSON HOLDS A LICENSE ISSUED BY THAT JURISDICTION.

(2) AN APPLICATION FOR A LOCAL COMPETITIVE BILLING SERVICES
LICENSE SHALL BE MADE IN ACCORDANCE WITH THE REQUIREMENTS OF THE
LOCAL JURISDICTION.

(3) (I) A LOCAL JURISDICTION MAY REQUIRE AN APPLICANT OR

LICENSEE TO:

1. HOLD A LICENSE ISSUED BY THE COMMISSION, AS
PROVIDED UNDER § 7-607 OF THIS SUBTITLE;

2. POST A BOND OR OTHER SIMILAR INSTRUMENT IN AN
AMOUNT EQUAL TO 15% OF THE BOND REQUIRED UNDER § 7-507 OF THIS SUBTITLE;
AND

3. HAVE A RESIDENT AGENT IN THE STATE.

(II) A LOCAL JURISDICTION MAY NOT REQUIRE AN APPLICANT OR
LICENSEE TO PAY A FEE OR OTHER CHARGE FOR THE LOCAL LICENSE.

(D) (1) A LOCAL JURISDICTION MAY REVOKE OR SUSPEND THE LOCAL
LICENSE IF THE LICENSEE FAILS, WITHIN 15 DAYS OF THE DUE DATE ESTABLISHED
BY THE LOCAL JURISDICTION, TO PAY OR REMIT ALL OF THE APPLICABLE LOCAL
ENERGY TAXES ON SERVICES.

(2) A LOCAL JURISDICTION, MAY REINSTATE THE LICENSE AFTER
PAYMENT OF ALL LOCAL ENERGY TAXES DUE. 

(3) A LOCAL JURISDICTION MAY CHOOSE NOT TO REINSTATE A LICENSE
THAT HAS BEEN REVOKED OR SUSPENDED 3 TIMES IN A 12-MONTH PERIOD.

(4) A LOCAL JURISDICTION SHALL REPORT ANY REVOCATION OR
SUSPENSION OF A LICENSE TO THE COMMISSION.

(E) THE COMMISSION SHALL ADOPT REGULATIONS OR ISSUE AN ORDER TO
ESTABLISH PROCEDURES FOR THE ASSUMPTION OF BILLING RESPONSIBILITIES BY
THE ELECTRIC COMPANY THAT DISTRIBUTES ELECTRICITY IN THE RELEVANT
SERVICE TERRITORY IF A LOCAL LICENSE IS REVOKED OR SUSPENDED.

7-512.

(A) THIS SECTION AND § 7-513 OF THIS SUBTITLE APPLY TO AN ENTITY THAT
WAS REGULATED AS AN ELECTRIC COMPANY ON JUNE 30, 1999, WHETHER OR NOT
THE ENTITY OR ANY OF ITS BUSINESSES, SERVICES, OR ASSETS CONTINUES TO BE
REGULATED UNDER THIS ARTICLE AFTER THAT DATE.

(B) AN ELECTRIC COMPANY MAY RECOVER COSTS UNDER THIS SECTION TO
THE EXTENT THAT THE COMMISSION FINDS COSTS TO BE JUST AND REASONABLE.