Honorable Todd Hunter, Chair, House Committee on State Affairs
FROM:
Jerry McGinty, Director, Legislative Budget Board
IN RE:
HB4213 by Troxclair (Relating to rates for electricity charged by certain municipally owned utilities and to the use of revenue from the rates.), As Introduced
No significant fiscal implication to the State is anticipated.
It is assumed that any costs associated with the bill could be absorbed using existing resources.
Local Government Impact
The bill could have an impact on municipally owned utilities that currently charge rates higher than the bill would allow. The bill would also allow municipally owned utilities to use certain existing revenues for certain additional purposes.