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