A BILL TO BE ENTITLED
AN ACT to set the public utility regulatory fee, to set the electric membership corporation regulatory fee, and to set the insurance regulatory charge.
The General Assembly of North Carolina enacts:
TABLE OF CONTENTS:
PART I.	PUBLIC UTILITY REGULATORY FEE
PART II.	NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION REGULATORY FEE
PART III.	INSURANCE REGULATORY CHARGE
PART IV.	EFFECTIVE DATES

PART I.	PUBLIC UTILITY REGULATORY FEE
SECTION 1.	The percentage rate to be used in calculating the public utility regulatory fee under G.S. 62‑302(b)(2) is one‑tenth percent (0.1%) for each public utility's North Carolina jurisdictional revenues earned during each quarter that begins on or after July 1, 2002.

PART II.	NORTH CAROLINA ELECTRIC MEMBERSHIP CORPORATION REGULATORY FEE
SECTION 2.	The electric membership corporation regulatory fee imposed under G.S. 62‑302(b1) for the 2002‑2003 fiscal year is two hundred thousand dollars ($200,000).

PART III.	INSURANCE REGULATORY CHARGE
SECTION 3.	The percentage rate to be used in calculating the insurance regulatory charge under G.S. 58‑6‑25 is six and one‑half percent (6.5%) for the 2002 calendar year.

PART IV.	EFFECTIVE DATES
SECTION 4.(a)  Public Utility Regulatory Fee. – Section 1 of this act becomes effective July 1, 2002.
SECTION 4.(b)  North Carolina Electric Membership Corporation Regulatory Fee. – Section 2 of this act becomes effective July 1, 2002.
SECTION 4.(c)  Insurance Regulatory Charge. – Section 3 of this act is effective when it becomes law.
SECTION 4.(d)  Remainder. – The remainder of this act is effective when it becomes law.