(a) Every pipeline company shall pay a special license fee in addition to those now required by law. The amount of such fees shall be fixed by the Public Service Commission and levied by it upon each of such pipeline companies according to the number of three-inch equivalent pipeline miles included in its pipeline facilities and shall be apportioned among such pipeline companies upon the basis of the pipeline companies' reports submitted to the commission in such form as the commission may prescribe, so as to produce a revenue of not more than $385,000 per annum, which fees shall be paid on or before July 1 in each year.
(b) Such sums collected under subsection (a) of this section
shall be paid into the State Treasury and kept as a special fund,
designated the Public Service Commission Pipeline Safety Fund, to
be appropriated as provided by law for the purpose of paying the
salaries, compensation, costs and expenses of its employees to the
extent of the employees' direct involvement in the enforcement of
the provisions of this article. Any balance in said fund at the
end of any fiscal year shall not revert to the Treasury, but shall
remain in said fund and may be appropriated as provided in this
subsection. All funds which heretofore were in the Public Service
Commission Gas Pipeline Safety Fund shall be transferred to the
Public Service Commission Pipeline Safety Fund.
Note: WV Code updated with legislation passed through the 2014 1st Special Session
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