Sec. 59.029. INVESTMENT LIMITATION ON SERVICE STANDARDS. (a) The commission may not raise a service standard applicable to the provision of local exchange telephone service by an electing company if the increased investment required to comply with the raised standard in any year exceeds 10 percent of the company's average annual intrastate additions in capital investment for the most recent five-year period.
(b) In computing the average under Subsection (a), the electing company shall exclude:
(1) extraordinary investments made during the five-year period; and
(2) investments required by Section 59.052.
Acts 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.
Section: Previous 59.022 59.023 59.024 59.025 59.026 59.027 59.028 59.029 59.030 59.031 59.032 59.051 59.052 59.053 59.054 NextLast modified: September 28, 2016