{"data":{"id":"us-tx/tex.-utilities-code-104.109","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 104.109","heading":"BONDED RATES.","body":"(a) A gas utility may put a changed rate into effect by filing a bond with the regulatory authority if the regulatory authority fails to make a final determination within 90 days from the date the proposed increase would otherwise be effective.\n(b) The bonded rate may not exceed the proposed rate.\n(c) The bond must be:\n(1) payable to the regulatory authority in an amount, in a form, and with a surety approved by the regulatory authority; and\n(2) conditioned on refund.\n(d) The gas utility shall refund or credit against future bills:\n(1) money collected under the bonded rates in excess of the rate finally ordered; and\n(2) interest on that money, at the current interest rate as determined by the regulatory authority.\nActs 1997, 75th Leg., ch. 166, Sec. 1, eff. Sept. 1, 1997.","path":["UTILITIES CODE","TITLE 3. GAS REGULATION","SUBTITLE A. GAS UTILITY REGULATORY ACT","CHAPTER 104. RATES AND SERVICES","SUBCHAPTER C. RATE CHANGES PROPOSED BY UTILITY"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.104.htm#104.109","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"4f574ae501de72a25f0974b5d30b8a8aeb73a324d59a7162a789a0810154145c","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-104.108","next":"us-tx/tex.-utilities-code-104.110"},"notice":"GroundRules: Original legal text. Not legal advice."}