Tex. Util. Code § 39.606 · Subchapter M. WINTER STORM URI DEFAULT BALANCE FINANCING
TRUE-UP MECHANISM.
Text — Current through the 89th 2nd Called Legislative Session, 2025
An order issued under Section 39.603 or 39.604 must include a mechanism requiring that default charges be reviewed and adjusted at least annually, not later than the 45th day after the anniversary date of the issuance of the order, to:
(1) correct over-collections or under-collections over the preceding 12 months; and
(2) ensure the expected recovery of amounts sufficient to timely provide all payments of debt service.
Notes and commentary — not statutory text
History
Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.39.htm
- Text hash
- sha256 8f29379ffb526631208ef94fefeb5d4847e419b0628f0c3f2b5d47fff7fc6908
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
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