TITLE: Relating to partial surrender of or withdrawals from annuity contracts, life insurance policies, and endowment contracts.

SUMMARY: Relating to partial surrender of or withdrawals from annuity contracts, life insurance policies, and endowment contracts.

FULL TEXT:
AN ACT relating to discounted utility rates for school districts. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. The heading to Section 36.351, Utilities Code, is amended to read as follows: Sec. 36.351. DISCOUNTED RATES FOR CERTAIN INSTITUTIONS OF HIGHER EDUCATION,SCHOOL DISTRICTS, AND OPEN-ENROLLMENT CHARTER SCHOOLS.SECTION 2. Sections 36.351(a) and (f), Utilities Code, are amended to read as follows: (a) Notwithstanding any other provision of this title, each electric utility and municipally owned utility shall discount charges for electric service provided to a facility of a four-year state university, upper-level institution, Texas State Technical College, [or] college,school district, or open-enrollment charter school.(f) An investor-owned electric utility may not recover from residential customers or any other customer class the assigned and allocated costs of serving a state university,[or] college,school district, or open-enrollment charter school that receives a discount under this section. SECTION 3. This Act takes effect September 1, 2011.