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1 | 1 | 81R8896 TRH-D | |
2 | 2 | By: Walle H.B. No. 1734 | |
3 | 3 | ||
4 | 4 | ||
5 | 5 | A BILL TO BE ENTITLED | |
6 | 6 | AN ACT | |
7 | 7 | relating to the rates charged by water and sewer utilities. | |
8 | 8 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
9 | 9 | SECTION 1. Section 13.184, Water Code, is amended by adding | |
10 | 10 | Subsection (d) to read as follows: | |
11 | 11 | (d) A utility may file with the commission an application to | |
12 | 12 | increase the utility's rates not more than one time in a 36-month | |
13 | 13 | period. A rate increase under this section may not exceed 20 | |
14 | 14 | percent of the cost of the utility's rates at the time of the | |
15 | 15 | application. | |
16 | 16 | SECTION 2. The changes in law made to Section 13.184, Water | |
17 | 17 | Code, as amended by this Act, apply only to an application for a | |
18 | 18 | rate increase that is filed on or after the effective date of this | |
19 | 19 | Act. An application that is filed before the effective date of this | |
20 | 20 | Act is subject to the law in effect at that time, and that law is | |
21 | 21 | continued in effect for that purpose. | |
22 | 22 | SECTION 3. This Act takes effect September 1, 2009. |