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Relating to the regulation of certain classes of retail public water utilities.
No significant fiscal implication to the State is anticipated.
SB 700 would reclassify the parameters of Class C and Class B utilities and create a new category called Class D utility. A Class D utility would be a public utility that
provides retail water or sewer utility service through fewer than
500 taps or connections.
The bill lays out responsibilities and requirements associated with the Public Utility Commission approving the acquisition of a non-functioning retail water or sewer utility service provider. The bill also prescribes alternative ratemaking methodologies for timely and efficient cost recovery.
Texas Action is neutral on SB 700 as it neither advances nor hinders any of our liberty principles.