Texas Statutes
§ 36.067 — CONSIDERATION OF COMPENSATION AND BENEFIT EXPENSES.
Texas § 36.067
JurisdictionTexas
Code UTUtilities Code
This text of Texas § 36.067 (CONSIDERATION OF COMPENSATION AND BENEFIT EXPENSES.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Tex. Utilities Code Code Ann. § 36.067 (2026).
Text
Sec. 36.067. CONSIDERATION OF COMPENSATION AND BENEFIT EXPENSES.
(a)In this section, "employee compensation and benefits" includes base salaries, wages, incentive compensation, and benefits. The term does not include:
(1)pension or other postemployment benefits; or
(2)incentive compensation for an officer of an electric utility related to attaining:
(A)financial metrics; or
(B)metrics adverse to customers' interests as determined by the commission.
(b)When establishing an electric utility's rates, the regulatory authority shall presume that employee compensation and benefits expenses are reasonable and necessary if the expenses are consistent with market compensation studies issued not earlier than three years before the initiation of the proceeding to establish the rates.
SUBCHAPTER
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Legislative History
Added by Acts 2023, 88th Leg., R.S., Ch. 3 (S.B. 1016 ), Sec. 1, eff. May 5, 2023.
Nearby Sections
15
§ 36.002
COMPLIANCE WITH TITLE.§ 36.003
JUST AND REASONABLE RATES.§ 36.004
EQUALITY OF RATES AND SERVICES.§ 36.006
BURDEN OF PROOF.§ 36.008
STATE TRANSMISSION SYSTEM.§ 36.051
ESTABLISHING OVERALL REVENUES.§ 36.052
ESTABLISHING REASONABLE RETURN.§ 36.053
COMPONENTS OF INVESTED CAPITAL.§ 36.054
CONSTRUCTION WORK IN PROGRESS.§ 36.055
SEPARATIONS AND ALLOCATIONS.Cite This Page — Counsel Stack
Bluebook (online)
Texas § 36.067, Counsel Stack Legal Research, https://law.counselstack.com/statute/tx/UT/36.067.