1. (a) With respect to the net capital costs associated with the relocation underground of utility lines and facilities in connection with projects required by § 8-401 of the Land Use Article, the Commission shall:

   1. (1) set the amount of the monthly surcharge required to support the costs and determine which customers of the applicable utility are subject to the surcharge;
   2. (2) include in the rate base the related net capital costs; or
   3. (3) adopt another method to apportion the costs appropriately.
2. (b) A utility may not be required to pay more than 50% of the net capital costs of a relocation project.
3. (c) A county or municipal corporation may appropriate money for a relocation project from appropriate federal, State, and local funds it receives for this purpose.

Added by Acts 1998, c. 8, § 2, eff. Oct. 1, 1998. Amended by Acts 2012, c. 427, § 1, eff. Oct. 1, 2012.

Formerly Art. 78, § 72A.