LD 240
pg. 1
LD 240 Title Page An Act to Permit an Unspent Balance in the Public Advocate Regulatory Fund to b... LD 240 Title Page
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LR 903
Item 1

 
Be it enacted by the People of the State of Maine as follows:

 
Sec. 1. 35-A MRSA §116, sub-§8, śC-1, as amended by PL 1997, c. 719,
§1, is further amended to read:

 
C-1. Except as specified in this subsection, funds that are
not expended at the end of a fiscal year do not lapse but
must be carried forward to be expended for the purposes
specified in this section in succeeding fiscal years; but,
with the exception of funds carried forward from fiscal year
1996-97 to fiscal year 1997-98 and with the exception of
funds carried forward at the end of fiscal year 2000-01 and
fiscal year 2001-02 for use in the following fiscal year,
unexpended funds in excess of 10% of the total annual
assessment authorized in this section must, at the option of
the Public Advocate, either be presented to the Legislature
in accordance with paragraph A for reallocation and
expenditure or used to reduce the utility assessment in the
following fiscal year. In the case of funds carried forward
from fiscal year 1996-97 to fiscal year 1997-98 and funds
carried forward from fiscal year 2000-01 and fiscal year
2001-02 for use in the following fiscal year, 100% of these
funds may be expended for the purposes specified in this
section.

 
SUMMARY

 
The Office of Public Advocate is actively participating in a
series of proceedings at the Public Utilities Commission,
including proceedings involving the ground rules for increased
competition for in-state long-distance telephone service and for
competition in retail electric service in Maine. The costs of
this participation are not fully reflected in the current-year
budget for the Public Advocate. This bill enables the Public
Advocate to make use of an unspent balance carried forward from
fiscal years 2000-01 and 2001-02 in full, rather than merely the
10% portion of that balance that is authorized under current law.


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