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Project #39473

Rulemaking Proceeding to Amend PUC Subst. R. 25.74, Relating to Report on Change in Control, Sale of Property, Purchase of Stock, or Loan

Summary

Pursuant to House Bill 1753 of the 82nd Legislature, Regular Session in 2011 (HB 1753), the amendment increases from $100,000 to $10 million the total amount of consideration exchanged in a sale, acquisition, or lease of an operating unit or system above which a public utility is required to report the transaction to the commission.

Staff Assigned

Scottie Aplin, Attorney
Legal
512-936-7289

Slade Cutter
Financial Review
512-936-7437

Project Schedule

The adopted rule will be published in the Texas Register on October 7 and effective on October 11, 2011.

Documents Available

Order Adopting Amendment to §25.74 as Approved at the September 15, 2011 Open Meeting - MSWord (.doc)
Proposal for Publication of Amendment to §25.74 as Approved at the July 8, 2011 Open Meeting - MSWord (.doc)