Utilities Code › Title 2 › Chapter 39 › Subchapter N

Texas Utilities Code § 39.664

Legal Actions Involving Pricing or Uplift Actions

Restructuring of Electric Utility Industry · Winter Storm Uri Uplift Financing

A load-serving entity that receives proceeds from the financing under this subchapter shall return an amount of the proceeds equal to any amount of money received by the entity due to litigation seeking judicial review of pricing or uplift actions taken by the commission or the independent organization in connection with the period of emergency.

Official text of the Texas Utilities Code as published by the Texas Legislative Council.

Official source
Legislative history

Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.