Bill Text: TX HB2771 | 2023-2024 | 88th Legislature | Comm Sub
Bill Title: Relating to disbursements from the universal service fund for certain small and rural companies.
Spectrum: Strong Partisan Bill (Republican 19-2)
Status: (Introduced - Dead) 2023-05-02 - Laid on the table subject to call [HB2771 Detail]
Download: Texas-2023-HB2771-Comm_Sub.html
88R22007 DIO-D | |||
By: Smithee, King of Uvalde, Ashby, Anderson, | H.B. No. 2771 | ||
Dean, et al. | |||
Substitute the following for H.B. No. 2771: | |||
By: Metcalf | C.S.H.B. No. 2771 |
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relating to disbursements from the universal service fund for | ||
certain small and rural companies. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 56.032, Utilities Code, is amended by | ||
adding Subsections (d-1) and (d-2) and amending Subsection (n) to | ||
read as follows: | ||
(d-1) In addition to the report required by Subsection (d), | ||
a small provider that submits a request under Subsection (c) shall | ||
file with the commission annually a report that includes the | ||
following information regarding the provider's operations that are | ||
regulated by the commission: | ||
(1) total operating revenues; | ||
(2) total operating expenses; | ||
(3) total operating tax expense; | ||
(4) rate of return; | ||
(5) total invested capital; and | ||
(6) network access revenue. | ||
(d-2) A small provider shall file the report required by | ||
Subsection (d-1) using the commission's public filing system. | ||
Subsection (k) does not apply to information in a report filed under | ||
Subsection (d-1). | ||
(n) Subsections (a), (c), (d), (e), (f), (g), (h), (i), (j), | ||
(k), (l), and (m) and any monthly amounts approved under those | ||
subsections expire September 1, 2033 [ |
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SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2023. |