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2017 Session

Budget Amendments - HB1500 (Conference Report)

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Funding Pursuant to the Passage of HB 2111

Item 479 #1c

Item 479 #1c

First Year - FY2017 Second Year - FY2018
Independent Agencies
State Corporation Commission FY2017 $0 FY2018 $1,100,000 NGF

Language
Page 476, line 3, strike "$63,409,235" and insert "$64,509,235".

Page 476, after line 18, insert:

"C. Out of the amounts for this item, $1,100,000 the second year is provided to effectuate the provisions of House Bill 2111 of the 2017 General Assembly Session which allows the Commission to absorb the credit card and eCheck convenience fees as opposed to passing them on to the filers and also grants the Commission the discretion to not charge a fee for providing copies of certain documents."



Explanation

(This amendment provides $1.1 million the second year in non-general funds that would permit the State Corporation Commission to absorb the fees associated with credit card and eCheck processing, as opposed to passing them on to filers. The amendment also grants the Commission the discretion to not charge a fee for providing copies of certain documents.)