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| Fiscal Affairs Division |
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Office of Consumer Affairs and Business Regulation FISCAL YEAR 1999 RESOURCE SUMMARY ($000)
The mission of the Office of Consumer
Affairs and Business Regulation is to provide consumer protection,
advocacy, and education for the Commonwealth's citizens. The
Office coordinates policy and planning for the following regulatory
divisions: the Division of Banks, the Division of Insurance,
the Division of Registration, the Division of Standards, the State
Racing Commission, the Board of Registration in Medicine, the
Alcoholic Beverages Control Commission, the Department of Telecommunications
and Energy (formerly the Department of Public Utilities), and
the Division of Energy Resources.
Objectives
In November of 1997, Governor Cellucci
signed a bill to restructure the electric industry. This act
will permit consumers to purchase electric services competitively,
with Massachusetts residents and businesses realizing at least
a 10% reduction in their electric bills.
To implement the provisions of this
act, the Department of Telecommunications and Energy was given
expanded responsibilities, and the Division of Energy Resources
was moved from the Department of Economic Development to the Office
of Consumer Affairs and Business Regulation. The office will
oversee and coordinate these new functions.
In addition to overseeing the implementation
of the Electric Industry Restructuring Act, the Office of Consumer
Affairs and Business Regulation will oversee implementation of
the Division of Registration's strategic plan to improve public
access to licensee information and eliminate the consumer complaint
backlog, and oversee the physician profile system at the Board
of Registration in Medicine.
Budget Recommendations
The amount recommended for Fiscal Year 1999 provides
the same level of services as provided in Fiscal Year 1998, with
the exception of a $39,500 increase
for administrative costs associated with the Electric Industry
Restructuring Act. |