1.    A special fund is established in the state treasury and designated as the public service commission program fund. Moneys deposited in the fund may be spent by the public service commission pursuant to legislative appropriation to defray the expenses of the commission.

Terms Used In North Dakota Code 49-01-01.1

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • following: when used by way of reference to a chapter or other part of a statute means the next preceding or next following chapter or other part. See North Dakota Code 1-01-49
  • State: when applied to the different parts of the United States, includes the District of Columbia and the territories. See North Dakota Code 1-01-49

2.    Revenue from the following sources must be deposited in the public service commission program fund:

a.    Any fees collected to test or calibrate weighing and measuring devices and licensing of registered service companies and persons; b.    All money received from the public utility assessment; c.    All money received from the siting administrative fee; and

d.    All interest and investment income earned on the balance of the fund.

3.    The office of management and budget shall transfer any balance in the public service commission program fund that exceeds one million one hundred thousand dollars to the general fund at the end of each biennium.

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