Michigan Compiled Laws Act 299 Of 1972 Costs Of Regulating Public Utilities (460.111 - 460.120)

• Section 460.111 Definitions.
  As used in this act: (a) "Commission" means the public service commission. (b) "Department" means the department of commerce. (c) "Public utility" means a...
• Section 460.112 Assessments Against Public Utilities; Amount; Apportionment.
  The department within 30 days after the enactment into law of any appropriation to it, shall ascertain the amount of the appropriation attributable to...
• Section 460.113 Deductions From Assessments.
  For the fiscal year commencing July 1, 1973 and annually thereafter, there shall be deducted from any amount to be assessed under section 2...
• Section 460.114 Repealed. 1978, Act 272, Imd. Eff. June 29, 1978.
  Compiler's Notes: The repealed section pertained to credit for fees paid.
• Section 460.115 Disposition Of Moneys Paid By Public Utilities.
  All moneys paid into the state treasury by a public utility under this act shall be credited to a special account, to be utilized...
• Section 460.116 Objections To Assessments; Notice; Hearing; Findings; Payment Of Assessments; Interest On Unpaid Assessments; Action By Attorney General.
  Within 15 days after the receipt of any statement of amount assessed under this act, the public utility may file with the commission objections...
• Section 460.117 Restraining Or Delaying Collection Or Payment Of Assessments; Statement Of Claim; Action For Recovery Of Payment; Issues; Review; Remedy Exclusive.
  A suit or proceeding shall not be maintained in a court for the purpose of restraining or delaying the collection or payment of an...
• Section 460.118 Exemption Of Certain Public Utilities.
  The commission may exempt a public utility from this act, if, after notice and hearing, it determines that gross revenues derived from intrastate operations...
• Section 460.119 Fees In Lieu Of Assessment.
  Any public utility over which the commission has jurisdiction solely pursuant to the provisions of Act No. 9 of the Public Acts of 1929,...
• Section 460.120 Effective Date.
  This act shall take effect when Senate Bill No. 699 of 1971 is enacted and becomes effective. History: 1972, Act 299, Imd. Eff. Dec....

Last modified: October 10, 2016