Bill Text: TX HB3207 | 2015-2016 | 84th Legislature | Introduced

Texas House Bill 3207 (Prior Session Legislation)

Introduced

Bill Title: Relating to the authority of the Public Utility Commission of Texas to approve certain payments by municipally owned utilities for transmission facilities in lieu of ad valorem taxes.

Sponsorship: Partisan Bill (Republican 1)

Status: (Introduced - Dead) 2015-03-23 - Referred to State Affairs [HB3207 Detail]

Download: Texas-2015-HB3207-Introduced.html



	By: Sheets	H.B. No. 3207



	A BILL TO BE ENTITLED
	AN ACT
	relating to the authority of the Public Utility Commission of Texas
	to approve certain payments by municipally owned utilities for
	transmission facilities in lieu of ad valorem taxes.
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
	SECTION 1. Section 37.051, Utilities Code, is amended by
	adding Subsection (g), Payments in Lieu of Ad Valorem, to read as
	follows:
	(g) A municipally owned utility that is required to apply
	for a certificate of convenience and necessity for a transmission
	facility may agree with the governing body of a taxing entity with
	authority to assess ad valorem taxes on the transmission facility
	to make payments in lieu of ad valorem taxes on the transmission
	facility. A municipally owned utility that agrees to make payments
	in lieu of ad valorem taxes under this section shall recover, as
	part of its transmission cost of service, the reasonable amount
	paid to a taxing entity under the agreement to the extent that those
	payments are the amount the municipally owned utility would have to
	pay on that transmission facility if the facility were subject to ad
	valorem taxation. A municipally owned utility that agrees to make
	payments in lieu of ad valorem taxes under this section shall
	provide a copy of the agreement to the commission.
	SECTION 2. This section applies to a transmission line to be
	constructed after the effective date of this act.
	SECTION 3. This Act takes effect September 1, 2015.