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Bill would set 60‑day target for PUC decisions on system improvement charges and expand expedited acquisitions; committee left substitute pending
Summary
Senate Bill 740 would require the Public Utility Commission to act on system improvement charge applications within 60 days and broaden eligibility for expedited acquisitions; the committee left a committee substitute pending for further drafting.
Senate Bill 740, explained by Senator Sparks, would implement two committee interim recommendations: set a 60‑day timeline for the Public Utility Commission of Texas to act on system improvement charge (SIC) applications and expand expedited acquisition eligibility to all types of larger water systems serving as temporary managers.
Sponsor materials and multiple witnesses said the 60‑day target aims to make SICs a reliable, timely recovery mechanism for utility capital investment between comprehensive rate cases. Jeff…
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