A tax obligation of the gas utility arising from receipt of customer rate relief bond proceeds or from the collection or remittance of customer rate relief charges is an allowable expense under Section 104.055.
Tex. Util. Code § 104.376
RECOVERABLE TAX EXPENSE
Known as the Gas Utility Regulatory Act
The act spans §§ 101–105 (133 sections).
Added by Acts 2021, 87th Leg., R.S., Ch. 805 (H.B. 1520), Sec. 5, eff
Official source: Texas Constitution and Statutes. Reproduced from public-domain Texas statutes; confirm against the official source for the current text. Not legal advice.