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By: Turner H.B. No. 2615
A BILL TO BE ENTITLED
AN ACT
relating to the reimbursement of expenses in ratemaking
proceedings.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Section 33.023, Utilities Code, is amended to
read as follows:
Sec. 33.023. RATEMAKING PROCEEDINGS. (a) The governing
body of a municipality participating in or conducting a ratemaking
proceeding may engage rate consultants, accountants, auditors,
attorneys, and engineers to:
(1) conduct investigations, present evidence, and
advise and represent the governing body; and
(2) assist the governing body with litigation in [an
electric utility] ratemaking proceeding for the electric utility or
the affiliated retail electric provider before the governing body,
a regulatory authority, or a court.
(b) The electric utility or the affiliated retail electric
provider in the ratemaking proceeding shall reimburse the governing
body of the municipality for the reasonable cost of the services of
a person engaged under Subsection (a) to the extent the applicable
regulatory authority determines is reasonable.
SECTION 2. This Act takes effect immediately if it receives
a vote of two-thirds of all 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.