2012 Special Session I

Budget Amendments - HB1300 (Conference Report)

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DMME Clarify Existing Authority (language only)

Item 111 #1c

Item 111 #1c

Commerce And Trade
Mines, Minerals and Energy, Department of

Page 31, line 19, after “gas”, insert “, electricity,”.

(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 the revenue needed for this purpose.)