Professional Documents
Culture Documents
Bill
1240
2016
Freedom
Index
Score
(0)
Analyst:
Wayne
Hoffman
Date:
February
11,
2016
ANALYSTS
NOTE:
Senate
Bill
1240
increases
the
percentage
of
money
canal
companies
can
use
for
administrative
fees.
Under
current
law,
canal
companies
are
only
permitted
to
use
10
percent
of
fees
for
administrative
purposes
and
the
other
90
percent
has
to
be
used
for
operation
and
maintenance.
This
bill
does
not
raise
assessments.
Senate
Bill
1240
only
raises
the
percentage
of
money
a
canal
company
can
use
for
administrative
duties
from
10
percent
to
20
percent.
(0)