South Carolina Code 58-3-540. Expenses
(B) The expenses associated with the review committee’s duties to qualify and nominate candidates for the commission and the Executive Director of the Office of Regulatory Staff, to develop and distribute surveys, to develop an annual workshop on ethics and the Administrative Procedures Act, and to undertake studies shall be borne by the public utilities subject to the jurisdiction of the Public Service Commission. On or before the first day of July in each year, the Department of Revenue must assess each public utility its proportion of the expenses in proportion to its gross income from operation in this State in the year ending on the thirtieth day of June preceding that on which the assessment is made which is due and payable on or before July fifteenth. The assessments must be charged against the companies by the Department of Revenue and collected by the department in the manner provided by law for the collection of taxes from the companies including the enforcement and collection provisions of Article 1, Chapter 54 of Title 12 and paid, less the Department of Revenue actual incremental increase in the cost of administration into the state treasury as other taxes collected by the Department of Revenue for the State. The review committee must certify to the Department of Revenue annually on or before May first the amounts to be assessed. The expenses of the review committee shall be advanced by a legislative body and the legislative body incurring such expense shall be reimbursed by the State at such time as the funds have been collected from the corporations liable therefor and, when collected, placed in the state treasury.
Terms Used In South Carolina Code 58-3-540
- Commission: means the Public Service Commission. See South Carolina Code 58-3-5
- Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
- Public utility: means public utility as defined in § 58-5-10, telephone utility as defined in § 58-9-10, government-owned telecommunications service provider as defined in § 58-9-2610, radio common carrier as defined in § 58-11-10, carriers governed by Chapter 13 of Title 58, railroads and railways as defined in § 58-17-10, motor vehicle carrier as defined in § 58-23-10, or electrical utility as defined in § 58-27-10. See South Carolina Code 58-3-5
- Regulatory staff: means the executive director or the executive director and employees of the Office of Regulatory Staff. See South Carolina Code 58-3-5
- Review committee: means the State Regulation of Public Utilities Review Committee. See South Carolina Code 58-3-5