5057-S2.E AMH MANW LIPS 280

E2SSB 5057 - H AMD TO H AMD (H-2656.4/15) 430

By Representative Manweller

NOT ADOPTED 04/14/2015

    On page 37, line 34 of the amendment, after "thereof" strike ", and" and insert "((, and)). Except for railroad companies and those companies listed in subsection (3) of the section, every company subject to regulation by the commission shall"

    On page 37, line 38 of the amendment, after "dollars" strike ", except railroad companies which" and insert "((, except railroad companies which)). Railroad companies"

    On page 38, line 1 of the amendment, after "revenue" insert ", except for class III railroads that do not transport crude oil in bulk which shall pay to the commission a fee equal to one and one-half percent of its intrastate gross operating revenue"

EFFECT:  Exempts short line railroads that do not transport bulk crude oil from the increase in the Utilities and Transportation Commission regulatory fee from 1.5% to up to 2.5% of gross intrastate operating revenue.

--- END ---