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Senate Bill 312 |
Senate Author: Seliger et al. |
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Effective: 4-21-11 |
House Sponsor: Keffer |
Senate Bill 312 amends the Utilities Code and the Natural Resources Code to establish that an electric cooperative or its subsidiary that sells electricity at wholesale and provides certain gas storage services for hire is not a gas utility and is exempt from regulation as a gas utility. The bill exempts an underground storage facility owned or operated by such an electric cooperative from provisions of law relating to the regulation of common carriers, public utilities, and common purchasers and any common law requirements or limitations applicable to a common carrier.