Appropriates an additional $100,000 to the Public Utilities Commission for fiscal year 2017.
APPROPRIATIONS -- PUBLIC UTILITIES COMMISSION -- Appropriates an additional $100,000 to the Public Utilities Commission for fiscal year 2017.
STATEMENT OF PURPOSE
This is a fiscal year 2017 supplemental appropriation to the Public Utilities Commission in the amount of $100,000 in operating expenditures from the Indirect Cost Recovery Fund. The commission's only federal grant, the Pipeline Safety Program, recently expanded allowable indirect costs from a 20% ceiling to the actual negotiated indirect rate. This change was not confirmed to the states until late spring 2016, when the commission received a supplemental reimbursement check for an additional $93,000 for overhead costs. Proper accounting for overhead expenses ensures that the regulated natural gas companies are not picking up a disproportionate share of the costs of the pipeline safety program. This appropriation doubles the base appropriation to match the new, higher indirect reimbursement amounts moving forward.
HOW THEY VOTED
House Third Reading
YEA (70)
NAY (0)
Senate Third Reading
YEA (32)
NAY (0)
ABSENT / NOT VOTING (3)
LATEST ACTION
Reported Signed by Governor on February 13, 2017 Session Law Chapter 7 Effective: 02/13/2017
BILL INFO
- Session
- 2017
- Chamber
- house
- Status date
- Feb 13, 2017