Texas Utilities Code - Section 39.456. Franchise Agreements
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Texas Laws > Utilities Code > Texas Utilities Code - Section 39.456. Franchise Agreements
§ 39.456. FRANCHISE AGREEMENTS. A municipality, with
the agreement of an electric utility, may accelerate the expiration
date of a franchise agreement that was in existence on September 1,
1999. Any new franchise agreement must be approved by the governing
body of the municipality. To the extent that a new franchise
agreement would result in an increase in the payment of franchise
fees to the municipality, and subject to the terms of the franchise
agreement, either the electric utility or the municipality, without
the need for a rate proceeding under Chapter 36, may file with the
commission for approval of a rider for the electric utility's
recovery of franchise payments resulting from the agreement, so
long as such rider is collected only from customers of the electric
utility that are located within the boundaries of the municipality.
Added by Acts 2005, 79th Leg., ch. 1072, § 1, eff. June 18, 2005.
Section: 39.409 39.410 39.451 39.452 39.453 39.455 39.456 39.457 39.458 39.459 39.460 39.461 39.462 39.463
Last modified: August 11, 2007
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