Bill Text: TX HB4010 | 2023-2024 | 88th Legislature | Introduced


Bill Title: Relating to the assessment on the gross receipts of electricity for certain providers of retail electric service.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2023-03-20 - Referred to State Affairs [HB4010 Detail]

Download: Texas-2023-HB4010-Introduced.html
  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.
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