SENATE BILL 786

Sponsored By:

Senator Klausmeier

Entitled:

Public Service Companies - Cost Allocation Manual - Independent Audit

Synopsis:

Requiring public service companies to file independent audit opinions at specified intervals; providing that an independent auditor shall examine specified compliance and allocation and charging of specified costs, and identify specified adjustments; and repealing a prohibition against requiring specified public service companies to file more than one independent audit opinion under specified circumstances.

History by Legislative Date

Senate Action

2/3

First Reading Finance

2/15

Hearing 3/7 at 1:00 p.m.

3/24

Favorable with Amendments Report by Finance

Favorable with Amendments Report Adopted

Second Reading Passed with Amendments

3/25

Third Reading Passed (46-0)

4/8

Returned Passed

House Action

3/26

First Reading Economic Matters

4/5

Hearing 4/6 at 1:00 p.m.

4/8

Favorable Report by Economic Matters

4/5

Favorable Report Adopted

Second Reading Passed

4/6

Third Reading Passed (137-0)

Action after passage in Senate and House

5/26

Became Law without Governor's signature per Maryland Constitution - Chapter 537

Bill indexed under the following Subjects:

AUDITORS AND AUDITS

PUBLIC SERVICE COMMISSION

UTILITIES -see also- HIGH VOLTAGE LINES; TELEPHONES; WATER

Bill affects the following Statute:

Public Utility Companies

( 4-208 )

Documents:

Bill Text (Displayed in PDF Format): First Reading, Third Reading, Enrolled

Fiscal Note (Displayed in PDF Format): Available

Amendments (Displayed in WordPerfect 8 Format):

Senate

Number: 417977/01 (PDF)     Offered on: March 24, 2006   at: 10:08 a.m.     Status: Adopted

Roll Call Votes (Legislative dates are shown):

Senate

March 25, 2006: Third Reading Passed (46-0)

House

April 6, 2006: Third Reading Passed (137-0)