Sec. 35.010.  COSTS RELATED TO REPORTING ON SAFETY PROCESSES AND INSPECTIONS FOR CERTAIN UTILITIES.  (a)  This section applies only to a municipally owned utility or electric cooperative that has wholesale transmission rates established by the commission.
(b)  Costs incurred by a municipally owned utility or electric cooperative to comply with Section 38.102 shall be recorded as a regulatory asset for timely recovery in wholesale transmission rates established by the commission.
(c)  The commission may adopt rules relating to the recording of regulatory assets under this section.
Added by Acts 2019, 86th Leg., R.S., Ch. 1320 (H.B. 4150), Sec. 2, eff. September 1, 2019.