Current with legislation from the 2023 Regular and Special Sessions signed by the Governor as of November 21, 2023.
Section 53.252 - Adoption of Certain Policies Notwithstanding any other provision of this title, the commission shall consider and may adopt policies to:
(1) provide for evaluation of the overall reasonableness of the rates of a rural or small incumbent local exchange company or cooperative not more frequently than once every three years;(2) permit consideration of future construction plans and operational changes in evaluating the reasonableness of the rates of a rural or small incumbent local exchange company or cooperative; or(3) allow a rural or small incumbent local exchange company or cooperative to: (A) provide required information by report or by other means, as necessary, including a required rate filing package, in substantially less burdensome and complex form than is required of a larger incumbent local exchange company;(B) change depreciation and amortization rates, if customer rates are not affected, after notice to the commission, subject to commission review in a proceeding under Subchapter C or Subchapter D;(C) adopt for a new service the rates for the same or a substantially similar service offered by a larger incumbent local exchange company, without additional cost justification; and(D) submit to the commission, instead of a management audit otherwise required by law, policy, or rule, financial audits regularly performed by an independent auditor or required and performed as a result of the company's or cooperative's participation in a federal or state financing or revenue-sharing program. Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.