CHAPTER 499

FORMERLY

SENATE BILL NO. 719

AN ACT AUTHORIZING THE PUBLIC SERVICE COMMISSION TO EXPEND FUNDS FROM THE PUBLIC SERVICE COMMISSION REGULATORY REVOLVING FUND TO EMPLOYEE CONSULTANTS TO ASSIST THE AUDITOR IN THE PREPARATION OF TECHNICAL PHASES OF FUEL ADJUSTMENT HEARINGS.

WHEREAS, the Public Utilities Act of 1974, enacted on June 28, 1974, provides for the funding of the operations of the Public Service Commission from a Regulatory Revolving Fund derived from a 2 (.002) mills annual assessment of utility operating revenues to be paid into the fund on or before April 1st of each year; and

WHEREAS, said assessments have been deposited in the fund; and

WHEREAS, the Public Service Commission requires additional funds for hearings resulting from the recent Fuel Adjustment Computation Legislation, and for rate relief hearings and related travel.

NOW, THEREFORE:

Be it enacted by the General Assembly of the State of Delaware:

Section 1. There is hereby authorized to be ex-

pended from the Public Service Commission Regulatory Revolving Fund the sum of $26,000 in addition to those funds authorized in the approved Budget for its operations to June 30, 1976, in accordance with the provisions of Section 116, Chapter 1, Public Service Commission, Title 26, Delaware Code.

Section 2. The funds authorized shall be allocated

to line items as follows:

30-08-011 Public Service Commission

Category

Amount

(1) Personal Services

$25,000

(2) Travel

1,000

Total Authorization

$26,000

(1) Consultants may be authorized by the Commission to assist the Commission's Auditor in preparation of certain technical phases of the Fuel Adjustment Hearings.

(2) The Commission may travel to various parts of the State for public hearings on the Fuel Adjustment.

Approved June 28, 1976