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SF 3270

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
Rtf

Current Version - as introduced

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A bill for an act
 relating to utilities; changing calendar quarter when assessment adjustments
must be made by Department of Commerce; amending Minnesota Statutes 2004,
section 116C.69, subdivision 3.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2004, section 116C.69, subdivision 3, is amended to read:


Subd. 3.

Funding; assessment.

The board shall finance its baseline studies, general
environmental studies, development of criteria, inventory preparation, monitoring of
conditions placed on site and route permits, and all other work, other than specific site and
route designation, from an assessment made quarterly, at least 30 days before the start of
each quarter, by the board against all utilities with annual retail kilowatt-hour sales greater
than 4,000,000 kilowatt-hours in the previous calendar year.

Each share shall be determined as follows: (1) the ratio that the annual retail
kilowatt-hour sales in the state of each utility bears to the annual total retail kilowatt-hour
sales in the state of all these utilities, multiplied by 0.667, plus (2) the ratio that the annual
gross revenue from retail kilowatt-hour sales in the state of each utility bears to the annual
total gross revenues from retail kilowatt-hour sales in the state of all these utilities,
multiplied by 0.333, as determined by the board. The assessment shall be credited to the
special revenue fund and shall be paid to the state treasury within 30 days after receipt of
the bill, which shall constitute notice of said assessment and demand of payment thereof.
The total amount which may be assessed to the several utilities under authority of this
subdivision shall not exceed the sum of the annual budget of the board for carrying out the
purposes of this subdivision. The assessment for the deleted text begin seconddeleted text end new text begin third new text end quarter of each fiscal
year shall be adjusted to compensate for the amount by which actual expenditures by the
board for the preceding fiscal year were more or less than the estimated expenditures
previously assessed.