Tex. Util. Code § 56.254 · Subchapter G. FUNDING FOR CERTAIN TELECOMMUNICATIONS UTILITIES
RECOVERY OF COSTS.
Text — Current through the 89th 2nd Called Legislative Session, 2025
The commission order designating the successor utility under Section 54.303 shall authorize the utility to recover the costs determined under Section 56.253. The costs may be amortized and recovered from the state universal service fund, together with interest at the prevailing commercial lending rate:
(1) not later than the first anniversary of the date of the order if the costs are not more than $1 million;
(2) not later than the second anniversary of the date of the order if the costs are more than $1 million but no more than $2 million; and
(3) not later than the third anniversary of the date of the order if the costs are more than $2 million.
Notes and commentary — not statutory text
History
Added by Acts 2003, 78th Leg., ch. 76, Sec. 7, eff. Sept. 1, 2003.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.56.htm
- Text hash
- sha256 1483c430278ab5b613267be5d9220301a6219fe0dc5663f6c382cfe770073adc
- 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
This section cites
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