Legislature(2023 - 2024)
2024-02-12 Senate Journal
Full Journal pdf2024-02-12 Senate Journal Page 1590 SB 224 SENATE BILL NO. 224 BY THE SENATE RULES COMMITTEE BY REQUEST OF THE GOVERNOR, entitled: "An Act relating to the calculation of the regulatory cost charge for public utilities and pipeline carriers; and providing for an effective date." was read the first time and referred to the Labor and Commerce and Finance Committees. 2024-02-12 Senate Journal Page 1591 The following fiscal information was published today: Fiscal Note No. 1, Department of Commerce, Community, and Economic Development Governor's transmittal letter dated February 8: Dear President Stevens: Under the authority of Article III, Section 18 of the Alaska Constitution, I am transmitting a bill to increase the statutory cap for the regulatory cost charge established to fund the activities of the Regulatory Commission of Alaska (RCA) and the Department of Law’s Regulatory Affairs and Public Advocacy unit. The regulatory cost charge is charged to regulated pipeline carriers and public utilities providing telecommunications services, natural gas and storage, electricity, steam heat, water and wastewater, and refuse. Passage of this bill will allow the RCA to continue its important mission without requiring additional State funding. Currently, the RCA is operating near its statutory cap and would potentially need additional appropriations in the future to continue its regulation and rate setting activities. Increasing the regulatory cost charge allows the RCA to continue to function based on the funds collected from regulatory entities. I urge your prompt and favorable action on this measure. Sincerely, /s/ Mike Dunleavy Governor