§ 40-409 Disposition of residential utility consumer assessment proceeds; residential utility consumer office revolving fund; exemption from lapsing

AZ Rev Stat § 40-409 (2019) (N/A)

Copy with citation

Copy as parenthetical citation

40-409. Disposition of residential utility consumer assessment proceeds; residential utility consumer office revolving fund; exemption from lapsing

A. The residential utility consumer office revolving fund is established.

B. All monies received by the commission under the provisions of section 40-401.01 shall be deposited, pursuant to sections 35-146 and 35-147, in the residential utility consumer office revolving fund.

C. Monies in the residential utility consumer office revolving fund shall be used, subject to legislative appropriation, to operate the residential utility consumer office pursuant to article 11 of this chapter.

D. Monies in the residential utility consumer office revolving fund do not revert to the state general fund pursuant to section 35-190.

E. Monies not appropriated or expended from the residential utility consumer office revolving fund at the end of the fiscal year shall be used to calculate the annual residential utility consumer assessment prescribed in section 40-401.01.

F. The residential utility consumer office shall not use any monies from the residential utility consumer office revolving fund unless such monies are appropriated by the legislature.

Previous Section

§ 40-408 Disposition of assessment proceeds; utility regulation revolving fund; exemption from lapsing

Next Section

§ 40-421 Enforcement of laws relating to public service corporations