Section 12O. There shall be established upon the books of the commonwealth a separate fund to be known as the Department of Telecommunications and Energy Trust Fund. There shall be credited to said fund all amounts collected pursuant to the second paragraph of section 18 and any income derived from the investment of amounts credited to the fund. All amounts credited to the fund shall be held in trust and shall be available for expenditure, without further appropriation, by the department of telecommunications and energy commission, for activities of the department related to the regulation of electric companies. Any unexpended balance in the fund at the close of a fiscal year shall remain in the fund and shall be available for expenditure in the following fiscal year.
Structure Massachusetts General Laws
Part I - Administration of the Government
Title II - Executive and Administrative Officers of the Commonwealth
Chapter 25 - Department of Public Utilities
Section 1 - Department of Public Utilities; Seal
Section 1a - Department Priorities
Section 2a - Energy Advisory Board; Membership; Duties
Section 3 - Commissioners; Oath; Interests in Regulated Industry Companies
Section 4 - Chairman of Commission; Powers and Duties; Hearings; Investigations; Reports
Section 4b - Authority of Commissioner Upon Declaration of State of Emergency
Section 5 - Rulings; Orders; Appeal; Costs; Staying Enforcement; Burden of Proof; Evidence
Section 5a - Witnesses; Summonses; Subpoenas; Fees
Section 5b - Rules and Regulations
Section 5c - Hazardous Materials; Rail Transportation Regulations
Section 5d - Trade Secrets, Confidential Information; Protection From Disclosure; Burden of Proof
Section 7 - Duties Relative to Common Carriers; Employees; Division of Railroad Track Inspection
Section 8 - Duties Relative to Common Carriers; Expenditures
Section 9 - Duties Relative to Water, Gas and Electric Companies; Expenditures; Employees
Section 10 - Officers and Employees; Supervision and Control
Section 12f - Transportation Division; Director; Assistants
Section 12g - Transportation Division; Investigations and Inquiries
Section 12n - Facility Siting Division
Section 12o - Department of Telecommunications and Energy Trust Fund
Section 12p - Department of Public Utilities Storm Trust Fund
Section 12q - Department of Public Utilities Energy Facilities Siting Board Trust Fund
Section 12r - Department of Public Utilities Unified Carrier Registration Trust Fund
Section 22 - Energy Efficiency Advisory Council; Membership; Duties; Quarterly Report to Council