Tex. Util. Code § 53.061 · Subchapter B. COMPUTATION OF RATES
ALLOWANCE OF CERTAIN EXPENSES.
Verbatim from the official edition
Text — Current through the 89th 2nd Called Legislative Session, 2025
(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.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.53.htm
- Text hash
- sha256 2743fc7301d2002bc77465bb4fb5e0dc3c434ee3254aff22b5c26fbd864f11da
- 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
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.