A BILL TO BE ENTITLED
AN ACT to maintain the same rates in 2008 for the insurance regulatory fee and the utilities Commission regulatory fee.
The General Assembly of North Carolina enacts:
SECTION 1.(a)  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 2008 calendar year.
SECTION 1.(b)  This section is effective when it becomes law.
SECTION 2.(a)  The percentage rate to be used in calculating the public utility regulatory fee under G.S. 62‑302(b)(2) is twelve one‑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, 2008.
SECTION 2.(b)  The electric membership corporation regulatory fee imposed under G.S. 62‑302(b1) for the 2008‑2009 fiscal year is two hundred thousand dollars ($200,000).
SECTION 2.(c)  This section becomes effective July 1, 2008.
SECTION 3.  This act is effective when it becomes law.