Bill

SB 1364

83(R) - 2013
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State Affairs

Vote Recommendation

Yes
  • Positive
  • Neutral
  • Neutral
  • Neutral
  • Neutral

Author(s)

Charles Schwertner

Bill Caption

Relating to the computation of an electric utility's income taxes.

Fiscal Notes

No significant fiscal implication to the State is anticipated. No fiscal implication to units of local government is anticipated.

Bill Analysis

Summary: SB 1364 bill removes a provision requiring an electric utility's income taxes to be computed as though a consolidated return had been filed.

Analysis: This bill requires that the computation of electric rates be based on the way the electric utility actually filed its income taxes. VOTE YES on SB 1364