SENATE BILL 816 |
SENATE AUTHOR: Brown, J. E. "Buster" |
EFFECTIVE: 09-01-99 |
HOUSE SPONSOR: Hardcastle |
Senate Bill 816 amends the Utilities Code to increase from $100,000 to $1,000,000 the minimum sale or lease price for a gas utility plant that triggers a reporting requirement. The act also repeals a provision that prohibits the transfer of gas rights by a gas utility without the prior approval of the commission.