{"data":{"id":"us-tx/tex.-utilities-code-56.254","jurisdiction":"us-tx","citation":"Tex. Utilities Code § 56.254","heading":"RECOVERY OF COSTS.","body":"The commission order designating the successor utility under Section 54.303 shall authorize the utility to recover the costs determined under Section 56.253. The costs may be amortized and recovered from the state universal service fund, together with interest at the prevailing commercial lending rate:\n(1) not later than the first anniversary of the date of the order if the costs are not more than $1 million;\n(2) not later than the second anniversary of the date of the order if the costs are more than $1 million but no more than $2 million; and\n(3) not later than the third anniversary of the date of the order if the costs are more than $2 million.\nAdded by Acts 2003, 78th Leg., ch. 76, Sec. 7, eff. Sept. 1, 2003.","path":["UTILITIES CODE","TITLE 2. PUBLIC UTILITY REGULATORY ACT","SUBTITLE C. TELECOMMUNICATIONS UTILITIES","CHAPTER 56. TELECOMMUNICATIONS ASSISTANCE AND UNIVERSAL SERVICE FUND","SUBCHAPTER G. FUNDING FOR CERTAIN TELECOMMUNICATIONS UTILITIES"],"source_url":"https://statutes.capitol.texas.gov/Docs/UT/htm/UT.56.htm#56.254","current_through":"89th 2nd Called Legislative Session, 2025","vintage":"","retrieved_at":"2026-08-27T01:47:45Z","sha256":"c96d404911f66b9db0f4a2ba0d3d1b56be6a30cd8ed96cc43117cff3f8da87f6","source_id":"us-tx","stale":false,"prev":"us-tx/tex.-utilities-code-56.253","next":"us-tx/tex.-utilities-code-56.301"},"notice":"GroundRules: Original legal text. Not legal advice."}