SB2499 amends Texas Water Code to require regulatory authorities to consider compliance with Texas Commission on Environmental Quality rules when.

SB2499 amends the Texas Water Code to require regulatory authorities to consider compliance with Texas Commission on Environmental Quality rules when setting water or sewer utility rates. Specifically, it mandates that when fixing a reasonable return on invested capital, the regulatory authority must consider compliance with commission rules, along with other factors. Additionally, when determining reasonable and necessary expenses, the regulatory authority must consider whether the utility complied with commission rules during the test year.

SB2499 amends Texas Water Code to require regulatory authorities to consider compliance with Texas Commission on Environmental Quality rules when.

SB2499 amends the Texas Water Code to require regulatory authorities to consider compliance with Texas Commission on Environmental Quality rules when setting water or sewer utility rates. Specifically, it mandates that when fixing a reasonable return on invested capital, the regulatory authority must consider compliance with commission rules, along with other factors. Additionally, when determining reasonable and necessary expenses, the regulatory authority must consider whether the utility complied with commission rules during the test year.