49-1A-8. South Dakota Public Utilities Commission Regulatory Assessment Fee fund created--Deposits--Amount.
There is created a special fund within the state treasury to be known as the South Dakota Public Utilities Commission Regulatory Assessment Fee fund. The Public Utilities Commission may require a public utility as defined in subdivision 49-34A-1(12) to make a deposit of up to two hundred fifty thousand dollars when it files for approval of a general rate case, regardless of the number of issues involved. The commission may require a deposit of up to fifty thousand dollars for the filing of a tariff for approval under the provisions of §49-34A-4 and §§49-34A-25.1 to 49-34A-25.4, inclusive, or makes a filing pursuant to §§49-34A-97 to 49-34A-100. The deposits shall be made to the South Dakota Public Utilities Commission Regulatory Assessment Fee fund, the amount to be designated by commission order. The fund shall be invested as provided by law, and the interest earned shall be credited to the fund.
Source: SL 1976, ch 296, §12; SL 1982, ch 325; SL 1986, ch 392; SL 1991, ch 381, §7; SL 1994, ch 352, §5; SL 2006, ch 239, §5; SL 2007, ch 272, §5; SL 2011, ch 204, §1.