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Project #39623

Rulemaking to Amend PUC SUBST. R. §26.74, Relating to Reports on Sale of Property and Mergers, and SUBST. R. §26.101, Relating to Certificate of Convenience and Necessity Criteria.

Summary

Pursuant to House Bill 1753 of the 82nd Legislature, Regular Session in 2011 (HB 1753), the amendments increase 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 Alpin, Legal Division
Slade Cutter, Rate Regulation

Project Schedule

The adopted rule will be published on January 27, 2012 and effective on February 2, 2012.

Documents Available

Order Adopting Amendments to §26.74 and §26.101 as approved as the January 12, 2012 Open Meeting | MSWord (.doc)

Proposal for Publication of Amendments to §26.74 AND §26.101 as Approved at the September 29, 2011 Open Meeting | MSWord (.doc)