A BILL TO BE ENTITLED
AN ACT to increase the regulatory fee for the utilities commission.
The General Assembly of North Carolina enacts:
SECTION 1.  Section 14.26 of S.L. 2009‑451 reads as rewritten:
"SECTION 14.26.(a)  The percentage rate to be used in calculating the public utility regulatory fee under G.S. 62‑302(b)(2) is fifteen one‑hundredths of one percent (0.15%) for each public utility's North Carolina jurisdictional revenues earned during each quarter that begins on or after July 1, 2010.
"SECTION 14.26.(b)  The electric membership corporation regulatory fee imposed under G.S. 62‑302(b1) for the 2010‑2011 fiscal year is two hundred thousand dollars ($200,000).
"SECTION 14.26.(c)  This section becomes effective July 1, 2010."
SECTION 2.  This act is effective when it becomes law.