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Tex. Util. Code § 104.057

CONSIDERATION OF CERTAIN EXPENSES

Known as the Gas Utility Regulatory Act

The act spans §§ 101–105 (133 sections).

Acts 1997, 75th Leg., ch. 166, Sec. 1, eff

(a) In establishing a gas utility's rates, the regulatory authority may not allow as a cost or expense an expenditure:

(1) described by Section 102.154 that the regulatory authority determines to be not in the public interest; or

(2) for legislative advocacy.

(b) The regulatory authority may allow as a cost or expense reasonable charitable or civic contributions not to exceed the amount approved by the regulatory authority.

Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.