Amendment #609 to H4400

Energy Facilities Siting Board and Unified Carrier Registration Trust Funds

Representatives Jones of North Reading, Hill of Ipswich, Poirier of North Attleborough, Gifford of Wareham, Frost of Auburn and Smola of Warren move to amend the bill by inserting, at the end thereof, the following new section:-

SECTION XX. Chapter 25 of the General Laws, as so appearing, is hereby amended by inserting, after section 12P, the following 2 sections:-

Section 12Q. There shall be established and set up on the books of the commonwealth a separate fund to be known as the Department of Public Utilities Energy Facilities Siting Board Trust Fund, in this section referred to as the fund. The department shall credit to the fund: (i) in fiscal year 2019 and every fiscal year thereafter, all application fees collected pursuant to section 69J½ of chapter 164; (ii) such application fees collected in fiscal years prior to fiscal year 2019; and (iii) any income derived from the investment of amounts credited to the fund. All amounts credited to the fund shall be held in trust and shall be available for expenditure, without further appropriation, by the department for operation of the energy facilities siting board established pursuant to section 69H of said chapter 164. Any unexpended balance in the fund at the close of a fiscal year shall remain in the fund and shall be available for expenditure in the following fiscal year.

Section 12R. There shall be established and set up on the books of the commonwealth a separate fund to be known as the Department of Public Utilities Unified Carrier Registration Trust Fund, in this section referred to as the fund. The department shall credit to the fund: (i) in fiscal year 2019 and every fiscal year thereafter, all application fees collected pursuant to section 10 of chapter 159B; (ii) such application fees collected in fiscal years prior to fiscal year 2019; and (iii) any income derived from the investment of amounts credited to the fund. All amounts credited to the fund shall be held in trust and shall be available for expenditure, without further appropriation, by the department for the regulation of motor carriers pursuant to said chapter 159B. Any unexpended balance in the fund at the close of a fiscal year shall remain in the fund and shall be available for expenditure in the following fiscal year.