NORTH CAROLINA GENERAL ASSEMBLY

1973 SESSION

 

 

CHAPTER 1074

HOUSE BILL 1490

 

 

AN ACT TO AUTHORIZE SETTING OF RATES IN SMALL UTILITY CASES BY LESS THAN FULL COMMISSION HEARING.

 

The General Assembly of North Carolina enacts:

 

Section 1.  Section 81 of Chapter 62 of the General Statutes of North Carolina is hereby amended by designating the present G.S. 62-81 as paragraph (a) under G.S. 62-81 and by adding a new paragraph (b) as follows:

"(b)      In matters where the total annual revenue requested or where the total annual revenue increase requested is less than fifty thousand dollars ($50,000), even though all or a substantial portion of the rate structure is being initially established or is under review, the Chairman of the Commission may refer the matter to a division of the Commission or to a Hearing Commissioner or to a Hearing Examiner for hearing."

Sec. 2.  Except as herein amended, the provisions of Chapter 62 of the General Statutes of North Carolina shall remain in full force and effect. To the extent that other laws or clauses of laws are in conflict with the provisions of this act, such laws and clauses are, to that extent, hereby repealed.

Sec. 3.  This act shall become effective on October 1, 1974.

In the General Assembly read three times and ratified, this the 1st day of April, 1974.