A BILL TO BE ENTITLED
AN ACT to set the Utilities Regulatory Fee and the Insurance Regulatory Fee.
The General Assembly of North Carolina enacts:
SECTION 1.(a)  The percentage rate to be used in calculating the public utility regulatory fee under G.S. 62‑302(b)(2) is twelve‑hundredths of one percent (0.12%) for each public utility's North Carolina jurisdictional revenues earned during each quarter that begins on or after July 1, 2006.
SECTION 1.(b)  The electric membership corporation regulatory fee imposed under G.S. 62‑302(b1) for the 2006‑2007 fiscal year is two hundred thousand dollars ($200,000).
SECTION 2.  The percentage rate to be used in calculating the insurance regulatory charge under G.S. 58‑6‑25 is five and one‑half percent (5.5%) for the 2006 calendar year.
SECTION 3.  This act becomes effective July 1, 2006.