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A BILL TO BE ENTITLED
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AN ACT
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relating to the authority of a gas utility to receive an interim |
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adjustment for certain infrastructure projects. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Subchapter G, Chapter 104, Utilities Code, is |
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repealed. |
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SECTION 2. This Act applies only to an application for a |
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tariff or rate schedule in relation to which a regulatory authority |
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has not issued a final order on the effective date of this Act. An |
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application in relation to which a regulatory authority has issued |
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a final order before the effective date of this Act is governed by |
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the law in effect on the date the final order is issued, and that law |
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is continued in effect for that purpose. |
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SECTION 3. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |