Tex. Util. Code § 58.021 · Subchapter B. ELECTION OF INCENTIVE REGULATION
ELECTION.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An incumbent local exchange company may elect to be subject to incentive regulation and to make the corresponding infrastructure commitment under this chapter by notifying the commission in writing of its election.
(b) The notice must include a statement that the company agrees to:
(1) limit until September 1, 2005, any increase in a rate the company charges for basic network services as prescribed by Subchapter C; and
(2) fulfill the infrastructure commitment prescribed by Subchapters F and G.
(c) Except as provided in Subsection (d), an election under this chapter remains in effect until the legislature eliminates the incentive regulation authorized by this chapter and Chapter 59.
(d) The commission may allow an electing company serving fewer than five million access lines to withdraw the company's election under this chapter:
(1) on application by the company; and
(2) only for good cause.
(e) In this section, "good cause" includes only matters beyond the control of the company.
Notes and commentary — not statutory text
History
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997. Amended by Acts 1999, 76th Leg., ch. 1212, Sec. 35, eff. Sept. 1, 1999.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/UT/htm/UT.58.htm
- Text hash
- sha256 3288ccf85563d98e9a2aa571fea8356fc9e3a15cb33e4eda803dfc05c337d24a
- 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.