| | | Emergency preamble. Whereas, acts of the Legislature do not become | | effective until 90 days after adjournment unless enacted as | | emergencies; and |
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| | | Whereas, it is necessary that the Public Utilities Commission | | have sufficient funds to carry out its statutory obligations | | during fiscal year 2005-06; and |
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| | | 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, |
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| | | Be it enacted by the People of the State of Maine as follows: |
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| | | Sec. 1. Use of unexpended funds. Notwithstanding the Maine Revised | | Statutes, Title 35-A, section 116, subsection 5, the Public | | Utilities Commission may expend in fiscal year 2005-06 and fiscal | | year 2006-07, 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 fiscal year 2006-07 is governed by Title 35-A, section | | 116, subsection 5. |
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| | | Emergency clause. In view of the emergency cited in the preamble, | | this Act takes effect when approved. |
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| | | This bill allows the Public Utilities Commission to fulfill | | its responsibilities without requesting an increase in the funds | | it must collect from utility ratepayers by allowing the | | commission to use funds collected in previous years. |
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