Texas HB2506 amends water utility rate regulations for certain municipally owned utilities.

Texas HB2506 amends the Water Code to modify the application of certain rate regulations for municipally owned utilities. Specifically, it applies these regulations to rate increases for ratepayers outside the corporate limits of a municipality if the utility is owned by a municipality with a population over one million and the rate increase is implemented as part of the utility's drought contingency plan. The bill also designates such utilities as Class A for proceedings related to these rate increases.

Texas HB2506 amends water utility rate regulations for certain municipally owned utilities.

Texas HB2506 amends the Water Code to modify the application of certain rate regulations for municipally owned utilities. Specifically, it applies these regulations to rate increases for ratepayers outside the corporate limits of a municipality if the utility is owned by a municipality with a population over one million and the rate increase is implemented as part of the utility's drought contingency plan. The bill also designates such utilities as Class A for proceedings related to these rate increases.