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Current as of January 01, 2024 | Updated by Findlaw Staff
(a) The commission may not allow as a cost or expense for ratemaking purposes:
(1) an expenditure for legislative advocacy; or
(2) an expenditure described by Section 52.254 that the commission determines to be not in the public interest.
(b) The commission may allow as a cost or expense reasonable charitable or civic contributions not to exceed the amount approved by the commission.
Cite this article: FindLaw.com - Texas Utilities Code - UTIL § 53.061. Allowance of Certain Expenses - last updated January 01, 2024 | https://codes.findlaw.com/tx/utilities-code/util-sect-53-061/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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