Utilities Code § 36.353 — United States — Texas law | Esheria

Utilities Code § 36.353

A municipally owned utility may not treat payments in lieu of tax as operating expenses when setting rates for school districts or hospital districts, and it may not use rates from those districts to fund those tax-equivalent payments.

Jurisdiction
United States — Texas
Instrument
Code
Version
Undated source snapshot
Language
en
Official source
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payments in lieu of tax utility rates

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