| Old | New | Differences | |
|---|---|---|---|
| 1 | 1 | 82R23240 ALL-F | |
| 2 | 2 | By: Deshotel, Howard of Fort Bend, H.B. No. 2435 | |
| 3 | 3 | J. Davis of Harris | |
| 4 | 4 | Substitute the following for H.B. No. 2435: | |
| 5 | 5 | By: Sheffield C.S.H.B. No. 2435 | |
| 6 | 6 | ||
| 7 | 7 | ||
| 8 | 8 | A BILL TO BE ENTITLED | |
| 9 | 9 | AN ACT | |
| 10 | 10 | relating to rate adjustments by gas utilities. | |
| 11 | 11 | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | |
| 12 | 12 | SECTION 1. Subchapter G, Chapter 104, Utilities Code, is | |
| 13 | 13 | amended by adding Section 104.302 to read as follows: | |
| 14 | 14 | Sec. 104.302. RATE ADJUSTMENTS. In establishing a gas | |
| 15 | 15 | utility's rates, the commission or municipal regulatory authority | |
| 16 | 16 | may, but is not required to, approve a tariff or rate schedule in | |
| 17 | 17 | which the rate for gas utility service is adjusted based on changes | |
| 18 | 18 | in the gas utility's revenues, expenses, or investments. Rates and | |
| 19 | 19 | charges resulting from tariffs or rate schedules established within | |
| 20 | 20 | a municipality by mutual agreement of the utility and the municipal | |
| 21 | 21 | regulatory authority shall be presumed reasonable by the | |
| 22 | 22 | commission. Nothing in this section changes the original or | |
| 23 | 23 | appellate jurisdiction of a municipal regulatory authority or the | |
| 24 | 24 | commission. | |
| 25 | 25 | SECTION 2. This Act takes effect September 1, 2011. |