Bill Text: TX HB3857 | 2013-2014 | 83rd Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Relating to periodic rate adjustments by water and sewer utilities.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-05-09 - Placed on General State Calendar [HB3857 Detail]
Download: Texas-2013-HB3857-Introduced.html
Bill Title: Relating to periodic rate adjustments by water and sewer utilities.
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Introduced - Dead) 2013-05-09 - Placed on General State Calendar [HB3857 Detail]
Download: Texas-2013-HB3857-Introduced.html
By: Lucio III | H.B. No. 3857 |
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relating to periodic rate adjustments by water and sewer utilities. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
Subchapter F, Chapter 13, Water Code, is amended by | ||
adding Section 13.193 as follows: | ||
Sec. 13.193. PERIODIC RATE ADJUSTMENTS. (a) The | ||
commission or a regulatory authority, on the petition of a water or | ||
sewer utility described in Section 13.002(4-a), may approve a | ||
tariff or rate schedule in which a nonfuel rate may be periodically | ||
adjusted upward or downward, based on changes in the parts of the | ||
utility's invested capital that serves the utility's certificated | ||
service area, including a facility used for: | ||
(1) the production, transmission, storage, | ||
distribution, or provision of potable or recycled water to the | ||
public; or | ||
(2) the collection, transportation, treatment, | ||
or disposal of sewage. | ||
(b) The utility commission shall adopt rules as necessary to | ||
implement Section 13.193. modeled on rules implementing Section | ||
36.210, Utilities Code by September 1, 2015 providing that: | ||
(1) the utility's revenue may not increase or | ||
decrease by more than five percent, | ||
(2) the facilities described in the petition have | ||
been placed into service by the utility, | ||
(3) the return on invested capital, depreciation | ||
rate, and income tax rate is up to the amount | ||
authorized in the utility's most recent rate | ||
order, | ||
(4) does not include the operating expenses | ||
associated with the facilities described | ||
in the petition, | ||
(5) the utility has not filed a petition | ||
authorized by this section in the prior | ||
twelve months, | ||
(6) the utility has not filed four petitions | ||
authorized by this section since the utility's | ||
last general rate application filed under | ||
Section 13.187(a). |