Texas § 59.029 INVESTMENT LIMITATION ON SERVICE STANDARDS.

Texas Statutes

§ 59.029 — INVESTMENT LIMITATION ON SERVICE STANDARDS.

Texas § 59.029

Code UTUtilities Code

This text of Texas § 59.029 (INVESTMENT LIMITATION ON SERVICE STANDARDS.) 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. § 59.029 (2026).

Text

Sec. 59.029. INVESTMENT LIMITATION ON SERVICE STANDARDS.

(a)The commission may not raise a service standard applicable to the provision of local exchange telephone service by an electing company if the increased investment required to comply with the raised standard in any year exceeds 10 percent of the company's average annual intrastate additions in capital investment for the most recent five-year period.

(b)In computing the average under Subsection (a), the electing company shall exclude:

(1)extraordinary investments made during the five-year period; and

(2)investments required by Section 59.052 .

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Sec. 59.029. INVESTMENT LIMITATION ON SERVICE STANDARDS. (a) The commission may not raise a service standard applicable to the provision of local exchange telephone service by an electing company if the increased investment required to comply with the raised standard in any year exceeds 10 percent of the company's average annual intrastate additions in capital investment for the most recent five-year period.
(b) In computing the average under Subsection (a), the electing company shall exclude:
(1) extraordinary investments made during the five-year period; and
(2) investments required by Section 59.052 .