Texas 2023 - 88th Regular

Texas House Bill HB4010 Compare Versions

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11 88R13349 CXP-D
22 By: Bell of Montgomery H.B. No. 4010
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55 A BILL TO BE ENTITLED
66 AN ACT
77 relating to the assessment on the gross receipts of electricity for
88 certain providers of retail electric service.
99 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1010 SECTION 1. Sections 16.001(a) and (b), Utilities Code, are
1111 amended to read as follows:
1212 (a) To pay [defray] the expenses incurred in the
1313 administration of this title, an assessment is imposed on each
1414 public utility, retail electric provider, and electric cooperative
1515 within the jurisdiction of the commission that serves the ultimate
1616 consumer, including each interexchange telecommunications carrier.
1717 (b) An assessment under this section is equal to a
1818 percentage [one-sixth of one percent] of the public utility's,
1919 retail electric provider's, or electric cooperative's gross
2020 receipts from rates charged to the ultimate consumer in this state
2121 estimated by the commission to match the total amount of money
2222 appropriated to the commission by the legislature to administer
2323 this title for that state fiscal biennium.
2424 SECTION 2. The change in law made by this Act does not
2525 affect assessments due before the effective date of this Act, and
2626 the law in effect before the effective date of this Act is continued
2727 in effect for purposes of the liability for those assessments.
2828 SECTION 3. This Act takes effect September 1, 2023.