The commission, on motion of the electing company or on its own motion, shall proportionally adjust rates for services to reflect changes in Federal Communications Commission separations that affect intrastate net income by at least 10 percent.
Tex. Util. Code § 58.056
RATE ADJUSTMENT FOR CHANGES IN FCC SEPARATIONS
Known as the Public Utility Regulatory Act
The act spans §§ 11–66 (1,170 sections).
Applied in 1 court decision — leading case Cities of Austin v. Southwestern Bell Telephone Co. (2002)
Most recently applied in Cities of Austin v. Southwestern Bell Telephone Co. (June 2002)
Acts 1997, 75th Leg., ch. 166, Sec. 1, 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.