California Public Utilities Code

§ 150103

PUC § 150103Div. 15.5 · Ch. 3

Statute text

The authority shall expend only that amount of the funds generated pursuant to this division for staff support, audit, administrative expenses, and contract services that are necessary and reasonable to carry out its responsibilities pursuant to this division. The authority shall not expend more than 5 percent of the funds generated pursuant to this division in any year for salaries and benefits of its staff.

Legislative history

Added by Stats. 1986, Ch. 1521, Sec. 1.