Bill Text: TX HB4010 | 2023-2024 | 88th Legislature | Introduced
Bill Title: Relating to the assessment on the gross receipts of electricity for certain providers of retail electric service.
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2023-03-20 - Referred to State Affairs [HB4010 Detail]
Download: Texas-2023-HB4010-Introduced.html
88R13349 CXP-D | ||
By: Bell of Montgomery | H.B. No. 4010 |
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relating to the assessment on the gross receipts of electricity for | ||
certain providers of retail electric service. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Sections 16.001(a) and (b), Utilities Code, are | ||
amended to read as follows: | ||
(a) To pay [ |
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administration of this title, an assessment is imposed on each | ||
public utility, retail electric provider, and electric cooperative | ||
within the jurisdiction of the commission that serves the ultimate | ||
consumer, including each interexchange telecommunications carrier. | ||
(b) An assessment under this section is equal to a | ||
percentage [ |
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retail electric provider's, or electric cooperative's gross | ||
receipts from rates charged to the ultimate consumer in this state | ||
estimated by the commission to match the total amount of money | ||
appropriated to the commission by the legislature to administer | ||
this title for that state fiscal biennium. | ||
SECTION 2. The change in law made by this Act does not | ||
affect assessments due before the effective date of this Act, and | ||
the law in effect before the effective date of this Act is continued | ||
in effect for purposes of the liability for those assessments. | ||
SECTION 3. This Act takes effect September 1, 2023. |