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§ 25-404. System development charge fund

West's Annotated Code of MarylandPublic UtilitiesEffective: October 1, 2010

West's Annotated Code of Maryland
Public Utilities (Refs & Annos)
Division II. Washington Suburban Sanitary Commission [Titles 16-29] (Refs & Annos)
Title 25. Rates and Charges (Refs & Annos)
Subtitle 4. System Development Charge (Refs & Annos)
Effective: October 1, 2010
MD Code, Public Utilities, § 25-404
§ 25-404. System development charge fund
Currentness
In general
(a)(1) The Commission shall deposit all funds collected under the system development charge into a system development charge fund.
(2) The system development charge fund is a special fund that may not revert to general funds of the Commission.
Use of funds
(b) The Commission may use the funds collected from the system development charge only to:
(1) pay for new treatment, transmission, and collection facilities, the need for which is directly attributable to the addition of new service and the construction of which began after July 1, 1993; or
(2) amortize any bond that is issued in connection with the construction of those new facilities.
Other costs
(c) Other costs of enhancement, maintenance, or environmental regulation on existing or new systems shall be borne equally by all ratepayers.

Credits

Added by Acts 2010, c. 37, § 3, eff. Oct. 1, 2010.
MD Code, Public Utilities, § 25-404, MD PUBLIC UTIL § 25-404
Current through legislation effective through May 9, 2024, from the 2024 Regular Session of the General Assembly. Some statute sections may be more current, see credits for details.
End of Document