{"data":{"id":"us-tx/tex.-natural-resources-code-111.183","jurisdiction":"us-tx","citation":"Tex. Natural Resources Code § 111.183","heading":"BASIS FOR RATE.","body":"The basis of the rates shall be an amount that will provide a fair return on the aggregate value of the property of a common carrier used and useful in the services performed after providing reasonable allowance for depreciation and other factors and for reasonable operating expenses under honest, efficient, and economical management.\nActs 1977, 65th Leg., p. 2588, ch. 871, art. I, Sec. 1, eff. Sept. 1, 1977.","path":["NATURAL RESOURCES CODE","TITLE 3. OIL AND GAS","SUBTITLE D. REGULATION OF SPECIFIC BUSINESSES AND OCCUPATIONS","CHAPTER 111. COMMON CARRIERS, PUBLIC UTILITIES, AND COMMON PURCHASERS","SUBCHAPTER F. RATES"],"source_url":"https://statutes.capitol.texas.gov/Docs/NR/htm/NR.111.htm#111.183","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:28Z","sha256":"ec264b9a3c58e5061a92fed39c3e2d07efa1fc2940b56ac9cf5d07dfea942df6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-natural-resources-code-111.182","next":"us-tx/tex.-natural-resources-code-111.184"},"notice":"GroundRules: Original legal text. Not legal advice."}