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                                                                  H.B. No. 1531




AN ACT

relating to the powers and duties of gas and electric corporations.           
	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:                        
	SECTION 1.  Section 181.001(1), Utilities Code, is amended 
to read as follows:
		(1)  "Corporation" includes:                                                  
			(A)  a partnership, limited partnership, or 
master limited partnership;
			(B)  a [or other] combination of business entities
composed exclusively of corporations or in which a corporation is a 
general partner; [and]
			(C) [(B)]  a limited liability company; and   
			(D)  a gas utility or electric utility regardless 
of form of organization, but not including a municipally owned 
utility.
	SECTION 2.  This Act takes effect immediately if it receives 
a vote of two-thirds of all the members elected to each house, as 
provided by Section 39, Article III, Texas Constitution.  If this 
Act does not receive the vote necessary for immediate effect, this 
Act takes effect September 1, 2003.




______________________________              ______________________________
 
   President of the Senate                               Speaker of the House      

	I certify that H.B. No. 1531 was passed by the House on April 
10, 2003, by the following vote:  Yeas 143, Nays 0, 2 present, not 
voting.

                                                  ______________________________
                                                     Chief Clerk of the House   

	I certify that H.B. No. 1531 was passed by the Senate on May 
20, 2003, by the following vote:  Yeas 31, Nays 0.

                                                  ______________________________
                                                     Secretary of the Senate    



APPROVED:  _____________________                                            
 
                   Date                                                      




 
          _____________________                                          
 
                 Governor