82R23240 ALL-F
By: Deshotel, Howard of Fort Bend, H.B. No. 2435
J. Davis of Harris
Substitute the following for H.B. No. 2435:
By: Sheffield C.S.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 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. 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
commission. Nothing in this section changes the original or
appellate jurisdiction of a municipal regulatory authority or the
commission.
SECTION 2. This Act takes effect September 1, 2011.