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Legislation Increasing Unfair Taxes on Electric Bills Goes to Texas Governor Rick Perry

Legislation Increasing Unfair Taxes on Electric Bills Goes to Texas Governor Rick Perry

May 24, 2013 | Legislative Watch

Under the bill, the Public Utility Commission will lose the ability to adjust utility rates downward to reflect tax advantages enjoyed by electric utilities. As a result, utilities will gain the ability to charge customers an additional amount for federal income taxes — even in the absence of a greater tax liability by the utility.

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