™Your Policy Risk Impact Agent
35 chapters · 354 sections in this title.
Mich. Comp. Laws § 460.111 Definitions.
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Sec. 1. As used in this act: (a) "Commission" means the public service commission. (b) "Department" means the department of commerce. (c) "Public utility" means a steam, heat, electric, power, gas, water, wastewater, telecommunications, telegraph, communications, pipeline, or gas…
Mich. Comp. Laws § 460.112 Assessments against public utilities; amount; apportionment.
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Sec. 2. The department within 30 days after the enactment into law of any appropriation to it, shall ascertain the amount of the appropriation attributable to the regulation of public utilities. This amount shall be assessed against the public utilities and shall be apportioned a…
Mich. Comp. Laws § 460.113 Deductions from assessments.
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Sec. 3. For the fiscal year commencing July 1, 1973 and annually thereafter, there shall be deducted from any amount to be assessed under section 2 an amount equal to the difference by which the actual expenditures for the previous fiscal year attributable to the regulation of pu…
Mich. Comp. Laws § 460.115 Disposition of moneys paid by public utilities.
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Sec. 5. All moneys paid into the state treasury by a public utility under this act shall be credited to a special account, to be utilized solely to finance the cost of regulating public utilities.