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Texas Utilities Code - Section 163.002. Report On Problems

Legal Research Home > Texas Lawyer > Utilities Code > Texas Utilities Code - Section 163.002. Report On Problems

§ 163.002. REPORT ON PROBLEMS. (a) The commission shall analyze the financial problems of the municipal power agency described by Subsection (b). Before September 1, 2000, the commission shall present recommendations for solving the problems to the speaker of the house of representatives, the lieutenant governor, the members of the legislature, and the municipal power agency. (b) This subsection applies to a municipal power agency as defined by this chapter that has stranded costs in excess of $6,000 per customer as determined by the April 1998 Report to the Texas Senate Interim Committee on Electric Utility Restructuring entitled "Potentially Strandable Investment (ECOM) Report: 1998 Update." Added by Acts 1999, 76th Leg., ch. 405, § 40, eff. Sept. 1, 1999.

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Last modified: August 10, 2007