The commission may not consider for ratemaking purposes:
(1) an expenditure for legislative advocacy, made directly or indirectly, including legislative advocacy expenses included in trade association dues;
(2) an expenditure for costs of processing a refund or credit under Section 53.110; or
(3) any other expenditure, including an executive salary, advertising expense, legal expense, or civil penalty or fine the commission finds to be unreasonable, unnecessary, or not in the public interest.
Official text of the Texas Utilities Code as published by the Texas Legislative Council.