Texas HB3713 amends the Utilities Code to mandate mechanisms for maintaining rates and expanding funds for certain companies.

Texas HB3713 amends the Utilities Code to require the Public Utility Commission to implement mechanisms through the universal service fund to replace projected reductions in revenue caused by commission orders, rules, or policies. This applies to local exchange companies serving fewer than 31,000 access lines and cooperatives not electing under Chapter 58 or 59 as of June 1, 2013. The bill also mandates mechanisms to replace changes in revenue due to federal policies affecting local exchange companies.

Texas HB3713 amends the Utilities Code to mandate mechanisms for maintaining rates and expanding funds for certain companies.

Texas HB3713 amends the Utilities Code to require the Public Utility Commission to implement mechanisms through the universal service fund to replace projected reductions in revenue caused by commission orders, rules, or policies. This applies to local exchange companies serving fewer than 31,000 access lines and cooperatives not electing under Chapter 58 or 59 as of June 1, 2013. The bill also mandates mechanisms to replace changes in revenue due to federal policies affecting local exchange companies.