Tex. Util. Code § 53.062

Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.

Section 53.062 - Consideration of Certain Expenses

The commission may not consider for ratemaking purposes:

(1) an expenditure for legislative advocacy, made directly or indirectly, including legislative advocacy expenses included in trade association dues;

(2) an expenditure for costs of processing a refund or credit under Section 53.110; or

(3) any other expenditure, including an executive salary, advertising expense, legal expense, or civil penalty or fine the commission finds to be unreasonable, unnecessary, or not in the public interest.

Tex. Util. Code § 53.062

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