GENERAL ASSEMBLY OF NORTH CAROLINA

SESSION 1993

S	1 

SENATE BILL 1700*

Short Title:  Insurance/Utility Regulatory Fee.	(Public)
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Sponsors: Senator Johnson.
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Referred to:  Finance.
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June 8, 1994

A BILL TO BE ENTITLED
AN ACT TO ESTABLISH THE PERCENTAGE RATES FOR THE INSURANCE REGULATORY CHARGE AND THE PUBLIC UTILITY REGULATORY FEE.
The General Assembly of North Carolina enacts:
Section 1.  The percentage rate to be used in calculating the insurance regulatory charge under G.S. 58-6-25 is seven and twenty-five hundredths percent (7.25%) for the 1994 calendar year.
Sec. 2.  The percentage rate to be used in calculating the public utility regulatory fee under G.S. 62-302(b)(2) is eight and one-half hundredths percent (0.085%) of each public utility's North Carolina jurisdictional revenues earned during each quarter that begins on or after July 1, 1994.
Sec. 3.  Section 2 of this act becomes effective July 1, 1994.  The remaining sections of this act are effective upon ratification.