HB 1013 - DIGEST

(SUBSTITUTED FOR - SEE 1ST SUB)

Declares an intent that energy and telecommunications regulation reflect a less costly regulatory process that can ultimately benefit the consumer, eliminate duplication of functions, and improve government efficiency.

Directs the joint legislative audit and review committee to conduct a performance audit of the utilities and transportation commission focused on its responsibilities regarding telecommunications, energy, and natural gas.

Declares that, beginning July 1, 2003, through December 31, 2004, every electrical, gas, and telecommunications company subject to a fee under RCW 80.24.010 will pay to the commission a surcharge for the purpose of conducting a performance audit of the utilities and transportation commission by the joint legislative audit and review committee.

Requires a preliminary report of the performance audit to be submitted to the appropriate legislative policy and fiscal committees by December 31, 2003, and must include the analysis of the commission's structure and functions and a work plan for the remaining activities of the performance audit.

Requires a final report to be submitted to the appropriate legislative policy and fiscal committees by December 1, 2004.