PRC SUPPORT AGENCY

Summary

The bill creates a new Utility Oversight Fund to receive all public utility fees, interest, and penalties, and sets interest and penalty rates for late payments. It also gives the Public Regulation Commission clearer authority to seek court orders against utilities and updates how its nominating committee is formed. These changes aim to improve oversight of utilities and ensure timely payment of fees.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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