Bill Text: TX SB1309 | 2011-2012 | 82nd Legislature | Comm Sub
Bill Title: Relating to rate adjustments by gas utilities.
Spectrum: Bipartisan Bill
Status: (Introduced - Dead) 2011-05-16 - Not again placed on intent calendar [SB1309 Detail]
Download: Texas-2011-SB1309-Comm_Sub.html
By: Hinojosa, Eltife | S.B. No. 1309 | |
(In the Senate - Filed March 8, 2011; March 16, 2011, read | ||
first time and referred to Committee on Business and Commerce; | ||
May 9, 2011, reported adversely, with favorable Committee | ||
Substitute by the following vote: Yeas 7, Nays 0; May 9, 2011, | ||
sent to printer.) | ||
COMMITTEE SUBSTITUTE FOR S.B. No. 1309 | By: Lucio |
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relating to rate adjustments by gas utilities. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Subchapter G, Chapter 104, Utilities Code, is | ||
amended by adding Section 104.302 to read as follows: | ||
Sec. 104.302. RATE ADJUSTMENTS. (a) In establishing a gas | ||
utility's rates, the railroad commission or municipal regulatory | ||
authority may, but is not required to, approve a tariff or rate | ||
schedule in which the rate for gas utility service is adjusted based | ||
on changes in the gas utility's revenues, expenses, or investments. | ||
(b) Rates and charges resulting from tariffs or rate | ||
schedules established within a municipality by mutual agreement of | ||
the utility and the municipal regulatory authority shall be | ||
presumed reasonable by the railroad commission. | ||
(c) This section does not: | ||
(1) affect the original or appellate jurisdiction of | ||
the railroad commission or a municipal regulatory authority; | ||
(2) change a tariff or rate schedule of a gas utility | ||
that is in effect on or before September 1, 2011; or | ||
(3) limit the authority of the railroad commission or | ||
a municipal regulatory authority to review the gas utility's rate | ||
adjustment filings. | ||
SECTION 2. This Act takes effect September 1, 2011. | ||
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