As title indicates. Effective July 1, 2013.
NCEMPA/USE OF RATE REVENUE.
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PROVIDING THAT THE CITIES AND TOWNS THAT ARE MEMBERS OF THE NORTH CAROLINA EASTERN MUNICIPAL POWER AGENCY SHALL USE REVENUE DERIVED FROM RATES FOR ELECTRIC SERVICE FOR PAYING THE DIRECT AND INDIRECT COSTS OF OPERATING THE ELECTRIC SYSTEM, TRANSFERRING AMOUNTS THAT REPRESENT A RATE OF RETURN ON THE INVESTMENT IN THE ELECTRIC SYSTEM, AND MAKING DEBT SERVICE PAYMENTS.Intro. by Newton.
Status: Ref To Com On Commerce (Senate Action) (May 23 2012)
Bill History:
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Tue, 22 May 2012 Senate: Filed
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Wed, 23 May 2012 Senate: Passed 1st Reading
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Wed, 23 May 2012 Senate: Ref To Com On Commerce
S 867
Bill Summaries:
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Bill S 867 (2011-2012)Summary date: May 22 2012 - View Summary
View: All Summaries for Bill