Tex. Utilities Code § 53.061
This is the official text of Tex. Utilities Code § 53.061, part of Texas’s Utilities Code — regulates utility companies.
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§ 53.061. ALLOWANCE OF CERTAIN EXPENSES.
Official statutory text
(a) The commission may not allow as a cost or expense for ratemaking purposes:
(1) an expenditure for legislative advocacy; or
(2) an expenditure described by Section 52.254 that the commission determines to be not in the public interest.
(b) The commission may allow as a cost or expense reasonable charitable or civic contributions not to exceed the amount approved by the commission.
(1) an expenditure for legislative advocacy; or
(2) an expenditure described by Section 52.254 that the commission determines to be not in the public interest.
(b) The commission may allow as a cost or expense reasonable charitable or civic contributions not to exceed the amount approved by the commission.
Status: in_force · Read it on the official government site
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