LD 1761 LR 2444(03)
An Act To Ensure That Large Public Utility Reorganizations Advance the Economic Development and Information Access Goals of the State
Fiscal Note for Bill as Amended by Committee Amendment " "
Committee: Energy, Utilities and Technology
Fiscal Note Required: Yes
Fiscal Note
Minor cost increase - Other Special Revenue Funds
Fiscal Detail and Notes
The bill requires the Public Utilities Commission (PUC) to take certain actions before approving a reorganization involving any public utility having gross annual State revenues exceeding $50,000,000. Any additional costs to the PUC to undertake these activities are expected to be minor and can be absorbed within existing budgeted resources.