LD 581
pg. 1
LD 581 Title Page Resolve, to Ensure Proper Funding of the Public Utilities Commission LD 581 Title Page
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LR 925
Item 1

 
Emergency preamble. Whereas, Acts and resolves of the Legislature do
not become effective until 90 days after adjournment unless
enacted as emergencies; and

 
Whereas, it is necessary that the Public Utilities Commission
have sufficient funds to carry out its statutory obligations; and

 
Whereas, in the judgment of the Legislature, these facts create
an emergency within the meaning of the Constitution of Maine and
require the following legislation as immediately necessary for
the preservation of the public peace, health and safety; now,
therefore, be it

 
Sec. 1. Use of unexpended funds. Resolved: That, notwithstanding the
Maine Revised Statutes, Title 35-A, section 116, subsection 5,
the Public Utilities Commission may expend in fiscal year 1999-00
and fiscal year 2000-01, for the purposes specified in Title 35-
A, section 116, subsection 4, 100% of any unexpended funds
remaining at the end of the prior fiscal year. Treatment of
funds not expended at the end of the 2000-01 fiscal year is
governed by Title 35-A, section 116, subsection 5.

 
Emergency clause. In view of the emergency cited in the preamble,
this resolve takes effect when approved.

 
SUMMARY

 
This resolve permits the Public Utilities Commission to roll
over into the following fiscal year 100% of any unexpended funds
remaining at the end of both the 1999-00 fiscal year and the
2000-01 fiscal year.


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