Tex. Utilities Code § 53.062
This is the official text of Tex. Utilities Code § 53.062, part of Texas’s Utilities Code — regulates utility companies.
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§ 53.062. CONSIDERATION OF CERTAIN EXPENSES.
Official statutory text
The commission may not consider for ratemaking purposes:
(1) an expenditure for legislative advocacy, made directly or indirectly, including legislative advocacy expenses included in trade association dues;
(2) an expenditure for costs of processing a refund or credit under Section 53.110; or
(3) any other expenditure, including an executive salary, advertising expense, legal expense, or civil penalty or fine the commission finds to be unreasonable, unnecessary, or not in the public interest.
(1) an expenditure for legislative advocacy, made directly or indirectly, including legislative advocacy expenses included in trade association dues;
(2) an expenditure for costs of processing a refund or credit under Section 53.110; or
(3) any other expenditure, including an executive salary, advertising expense, legal expense, or civil penalty or fine the commission finds to be unreasonable, unnecessary, or not in the public interest.
Status: in_force · Read it on the official government site
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