Bill Text: TX SB1291 | 2023-2024 | 88th Legislature | Introduced


Bill Title: Relating to the reimbursement of a municipality's expenses in a ratemaking proceeding for electric or gas utilities.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2023-03-09 - Referred to Business & Commerce [SB1291 Detail]

Download: Texas-2023-SB1291-Introduced.html
  88R12950 DIO-F
 
  By: King S.B. No. 1291
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the reimbursement of a municipality's expenses in a
  ratemaking proceeding for electric or gas utilities.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 36.210(f), Utilities Code, is amended to
  read as follows:
         (f)  Nothing in this section is intended to:
               (1)  conflict with a provision contained in a financing
  order issued under Subchapter I of this chapter or Subchapter G or
  J, Chapter 39;
               (2)  affect the limitation on the commission's
  jurisdiction under Section 32.002;
               (3)  include in a periodic rate adjustment authorized
  by this section costs adjusted under a transmission cost-of-service
  adjustment approved under Section 35.004(d);
               (4)  limit the jurisdiction of a municipality over the
  rates, operations, and services of an electric utility as provided
  by Section 33.001;
               [(5)  limit the ability of a municipality to obtain a
  reimbursement under Section 33.023 for the reasonable cost of
  services of a person engaged in an activity described by that
  section;] or
               (5) [(6)]  prevent the commission from:
                     (A)  reviewing the investment costs included in a
  periodic rate adjustment or in the following comprehensive base
  rate proceeding to determine whether the costs were prudent,
  reasonable, and necessary; or
                     (B)  refunding to customers any amount improperly
  recovered through the periodic rate adjustments, with appropriate
  carrying costs.
         SECTION 2.  The following provisions of the Utilities Code
  are repealed:
               (1)  Section 33.023(b); and
               (2)  Section 103.022(b).
         SECTION 3.  This Act applies only to a ratemaking proceeding
  commenced on or after the effective date of this Act. A ratemaking
  proceeding commenced before the effective date of this Act is
  governed by the law in effect on the date the ratemaking proceeding
  was commenced, and the former law is continued in effect for that
  purpose.
         SECTION 4.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution. If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2023.
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