89th Legislature, Regular Session
SB 2780
Relating to the recovery of a gas utility's gross plant placed in service not yet being recovered in rates.
Introduced
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- Passed Senate
- Passed House
- To Governor
- Became Law
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By: Birdwell S.B. No. 2780 A BILL TO BE ENTITLED AN ACT relating to the recovery of a gas utility's gross plant placed in service not yet being recovered in rates. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Chapter 104, Utilities Code, is amended by adding Section 104.302 to read as follows: Sec. 104.302. RECOVERY OF CERTAIN COSTS FOR GROSS PLANT. (a) In this section: (1) "Gross plant" means a gas utility's plant, facilities, or equipment that has been placed in service. (2) "Post in-service carrying costs" means the product