Bill Text: TX HB1663 | 2013-2014 | 83rd Legislature | Introduced

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Bill Title: Relating to timing and frequency with which a public utility may file for a rate change application.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2013-04-09 - Left pending in committee [HB1663 Detail]

Download: Texas-2013-HB1663-Introduced.html

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By: Guillen H.B. No. 1663

A BILL TO BE ENTITLED
AN ACT
relating to timing and frequency with which a public utility may
file for a rate change application.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. 13.187, Water Code, is amended as follows:
(p) Except to implement a rate adjustment provision
approved by the regulatory authority
by rule or ordinance, as
applicable, or to adjust the rates of a newly acquired utility
system, a utility or two or more utilities under common control and
ownership may not file a statement of intent to increase its rates
for the same customer more than once in a 12-month period, unless
the regulatory authority determines that a financial hardship
exists. If the regulatory authority requires the utility to
deliver a corrected statement of intent, the utility is not
considered to be in violation of the 12-month filing requirement.
SECTION 2. This Act takes effect September 1, 2013.