Texas § UT.39.259 - ANNUAL REPORT
Full text of Texas The Texas Constitution § UT.39.259 — ANNUAL REPORT, with citation guidance and answers to common questions.
§ UT.39.259. ANNUAL REPORT
ANNUAL REPORT: DETERMINATION OF INVESTED CAPITAL. (a) For the purposes of determining invested capital in each annual report, the net plant in service, regulatory assets, and deferred federal income taxes shall be updated each year, and generation-related invested capital shall be reduced by the amount of securitization under Sections 39.201 (i) and 39.262 (c) to the extent otherwise included in invested capital. (b) Capital additions to a plant in an amount less than 1-1/2 percent of the electric utility's net plant in service on December 31, 1998, less plant items previously excluded by the commission, for each of the years 1999 through 2001 are presumed prudent. (c) All other items in invested capital shall be as approved in the electric utility's last rate proceeding before the commission. Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.
Frequently Asked Questions About Texas § UT.39.259
What does The Texas Constitution § UT.39.259 cover?
Section UT.39.259 ("ANNUAL REPORT") is part of the The Texas Constitution, the codified statutory law of Texas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Texas § UT.39.259?
A common citation format is "The Texas Constitution § UT.39.259" (Texas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Texas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Texas official source linked on this page or consult a licensed Texas attorney.
How does Texas § UT.39.259 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Texas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Texas.