Plain English Breakdown
The official text confirms the removal and funding shift but does not specify an effective date or implementation timeline.
HB05028: Removing the Combined Public Benefits Charge from Electric Bills
This bill removes a fee called the 'Combined Public Benefits Charge' from electric bills and requires that state funds pay for these costs instead.
What This Bill Does
- Removes the charge known as the 'Combined Public Benefits Charge' from electricity bills for end use customers of each electric distribution company.
- Requires that the cost of this removed charge be paid from the General Fund.
Who It Names or Affects
- End use customers who receive electric distribution company bills.
- Electric distribution companies in the state.
- The state's General Fund, which will pay for the costs previously on customer bills.
Terms To Know
- Combined Public Benefits Charge
- A specific fee currently listed on electric bills that this bill removes.
- General Fund
- The state fund required to pay for the costs of the removed charge.
Limits and Unknowns
- The text does not list the specific programs or projects that currently receive this charge.
- The bill summary does not provide a date when these changes will take effect.
- The source material does not explain how much money must be moved from customer bills to the General Fund.