Washington Code 80.24.020 – Fees to approximate reasonable cost of regulation
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In fixing the percentage rates of gross operating revenue to be paid in any year, the commission shall consider all moneys then in the public service revolving fund and the fees currently to be paid into such fund, to the end that the fees collected from the several classes of companies shall be approximately the same as the reasonable cost of supervising and regulating such classes of companies.
[ 1961 c 14 § 80.24.020. Prior: 1955 c 125 § 3; prior: 1939 c 123 § 1, part; 1937 c 158 § 1, part; RRS § 10417, part.]
Terms Used In Washington Code 80.24.020
- Commission: means the utilities and transportation commission. See Washington Code 80.04.010