Bill: SB 735, 85(R) - 2017
Committee
Senate Business & Commerce
2nd Chamber Committee
House State Affairs
Vote Recommendation
| Vote Recommendation |
Economic Freedom |
Property Rights |
Personal Responsibility |
Limited Government |
Individual Liberty |
| Neutral |
Neutral |
Neutral |
Neutral |
Neutral |
Neutral |
Author(s)
Kelly Hancock
Sponsor(s)
Byron Cook
Bill Caption
Relating to periodic rate adjustment by and to certain transactions involving electric utilities.
Fiscal Notes
From the Legislative Budget Board: no significant fiscal implication to the state is anticipated.
Bill Analysis
SB 735 would amend the Utilities Code to require the Public Utilities Commission (PUC) to establish a schedule requiring an electric utility to make filings with the commission to modify or review a base rate charge on the basis of the period since the last review or if the utility has earned more than the authorized rate of return. Utilities would now be permitted to change rates more than four times between
base rate proceedings.
Vote Recommendation Notes
Because this bill would largely enact procedural changes that deals with how companies can adjust their rates, up or down, we will remain neutral as it has no substantive impact on our principles.
Organizations Supporting
City of Fort Worth
Dow Chemical Company
Occidental Petroleum
Texas Association of Manufacturers
Texas Chemical Council
Texas Oil and Gas Association
Valero
