SB 1002

85(R) - 2017
Senate Business & Commerce
House State Affairs
Senate Business & Commerce
House State Affairs

Companion Bill

HB 2235

Vote Recommendation

  • Neutral
  • Neutral
  • Neutral
  • Neutral
  • Neutral


Kelly Hancock


Jim Murphy

Bill Caption

Relating to accounting principles applicable to pension and other postemployment benefit expenses for electric utilities.

Fiscal Notes

From the LBB: no significant fiscal implication to the state is anticipated.

Bill Analysis

SB 1002 would amend the Utilities Code to designate the annual amount of pension and other postemployment benefits approved as an expense, rather than an operating expense, when calculating values in the reserve account of an electric utility.

Vote Recommendation Notes

This bill updates accounting principles for electric utilities and does not appear to have a connection to our liberty principles, therefore we remain neutral.

Organizations Supporting

Association of Electric Companies of Texas