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2012 Session

Budget Amendments - HB1301 (Committee Approved)

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Clarify DMME Surcharge Authority (language only)

Item 120 #1h

Item 120 #1h

Commerce And Trade
Mines, Minerals and Energy, Department of

Language
Page 83, line 23, after “natural gas,” insert “, electricity,”.


Explanation
(This amendment authorizes the agency to assess an administrative surcharge on the state electric contracts in order to generate sufficient revenue to support an ongoing reduction strategy of $95,978. This amount represents a position that was shifted from general fund support, to fee revenue. According to the agency, an administrative surcharge equal to 0.06 percent of the state’s entire electricity contract is sufficient to generate necessary revenue for this purpose.)