82R2853 ALL-F
By: Deshotel H.B. No. 2435
A BILL TO BE ENTITLED
AN ACT
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. In establishing a gas
utility's rates, the regulatory authority may, and is encouraged
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.
SECTION 2. This Act takes effect September 1, 2011.