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SB 989 - Currently, the Public Service Commission allocates to each group of public utilities the estimated expenses directly and indirectly attributable to each group for the purposes of funding public utility regulation. Under this act, if the calculation of such direct and indirect expenses would otherwise result in the telephone corporation group being allocated an amount of indirectly attributable expenses in excess of 125% of its directly attributable expenses, the telephone corporation group shall be allocated an amount of indirectly attributed expenses at 125% of the telephone corporation group's directly attributed expenses and the resulting amount of excess attributable expenses shall be reallocated to the remaining public utility groups in the proportion of each group's total gross intrastate operating revenue during the preceding year to the total intrastate operating revenues for those groups collectively. JAMIE ANDREWS
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