Relating to low-income electric bill payment assistance; and declaring an emergency.
Catchline/Summary:
Increases amount to be collected from retail electricity consumers for low-income electric bill payment assistance. Increases amount to be collected from retail electricity consumers for low-income electric bill payment assistance. Allows annual amount collected by each electric company to vary based on electricity usage by consumers and changes in number of consumers.
Applies to electricity consumer billings that are made on or after January 1, 2008.
Increases limitation on expenditures from fees, moneys or other revenues, including Miscellaneous Receipts and specified federal funds, but excluding lottery funds and other federal funds, collected or received by Housing and Community Services Department for purposes of carrying out public purpose expenditure standard.
Declares emergency, effective on passage.
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SB 461
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