TITLE: Relating to the rates charged by water and sewer utilities.

SUMMARY: Relating to the rates charged by water and sewer utilities.

FULL TEXT:
AN ACT relating to the rates charged by water and sewer utilities. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 13.184, Water Code, is amended by adding Subsection (d) to read as follows: (d) A utility may file with the commission an application to increase the utility's rates not more than one time in a 36-month period. A rate increase under this section may not exceed 20 percent of the cost of the utility's rates at the time of the application. SECTION 2. The changes in law made to Section 13.184, Water Code, as amended by this Act, apply only to an application for a rate increase that is filed on or after the effective date of this Act. An application that is filed before the effective date of this Act is subject to the law in effect at that time, and that law is continued in effect for that purpose. SECTION 3. This Act takes effect September 1, 2013.