Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 53.061 - Allowance of Certain Expenses(a) The commission may not allow as a cost or expense for ratemaking purposes: (1) an expenditure for legislative advocacy; or(2) an expenditure described by Section 52.254 that the commission determines to be not in the public interest.(b) The commission may allow as a cost or expense reasonable charitable or civic contributions not to exceed the amount approved by the commission. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.