Texas Utilities Code 104.376 – Recoverable Tax Expense
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Terms Used In Texas Utilities Code 104.376
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
A tax obligation of the gas utility arising from receipt of customer rate relief bond proceeds or from the collection or remittance of customer rate relief charges is an allowable expense under § 104.055.