Connecticut § 16-19uu - Adjustments to competitive transition assessment with respect to economic recovery revenue bonds.
Full text of Connecticut Connecticut General Statutes § 16-19uu — Adjustments to competitive transition assessment with respect to economic recovery revenue bonds., with citation guidance and answers to common questions.
§ 16-19uu. Adjustments to competitive transition assessment with respect to economic recovery revenue bonds.
Sec. 16-19uu. Adjustments to competitive transition assessment with respect to economic recovery revenue bonds. (a) At such time as economic recovery revenue bonds are issued to fund the economic recovery transfer, the Public Utilities Regulatory Authority shall ensure that the competitive transition assessment charged to customers of each electric distribution company is adjusted to reflect the lower charge to be paid by customers. No electric distribution company may bill any customer an amount for the competitive transition assessment that is in excess of the amount necessary to fund the economic recovery transfer.
(b) At such time as the competitive transition assessment charged to customers has allowed full or partial recovery by the financing entity of any economic recovery revenue bonds and full or partial recovery by the electric distribution company of stranded costs not funded with the proceeds of economic recovery revenue bonds, the authority shall ensure that the competitive transition assessment charged to customers of each electric distribution company is adjusted to reflect, in the case of a partial recovery, the lower charge to be paid by customers, and, in the case of a full recovery, the absence of such assessment. No electric distribution company may bill any customer an amount for the competitive transition assessment that is in excess of the amount necessary to fund economic recovery revenue bonds or stranded costs.
(P.A. 10-179, S. 138; P.A. 11-80, S. 1; P.A. 14-134, S. 65.)
History: P.A. 10-179 effective May 7, 2010; pursuant to P.A. 11-80, “Department of Public Utility Control” was changed editorially by the Revisors to “Public Utilities Regulatory Authority”, effective July 1, 2011; P.A. 14-134 deleted references to electric company, effective June 6, 2014.
See Secs. 16-245e to 16-245k re economic recovery revenue bonds.
Source: official Connecticut text · Last verified 2026-08-27
Frequently Asked Questions About Connecticut § 16-19uu
What does Connecticut General Statutes § 16-19uu cover?
Section 16-19uu ("Adjustments to competitive transition assessment with respect to economic recovery revenue bonds.") is part of the Connecticut General Statutes, the codified statutory law of Connecticut. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Connecticut § 16-19uu?
A common citation format is "Connecticut General Statutes § 16-19uu" (Connecticut). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Connecticut law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Connecticut official source linked on this page or consult a licensed Connecticut attorney.
How does Connecticut § 16-19uu apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Connecticut can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Connecticut.