Sec. 39.661. ENFORCEMENT. The commission may use any enforcement mechanism established by Chapter 15 or this chapter, including revocation of certification by the commission, against any entity that fails to remit excess receipts from the uplift balance financing under Section 39.653(e) or otherwise misappropriates or misuses amounts received from the uplift balance financing this subchapter.
Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.
Structure Texas Statutes
Title 2 - Public Utility Regulatory Act
Subtitle B - Electric Utilities
Chapter 39 - Restructuring of Electric Utility Industry
Subchapter N. Winter Storm Uri Uplift Financing
Section 39.651. Purpose; Use of Proceeds
Section 39.653. Debt Obligation Order
Section 39.654. Commission-Authorized Financing
Section 39.655. Other Financial Mechanism
Section 39.656. Uplift Charges Nonbypassable
Section 39.660. Customer Charges
Section 39.662. Property Rights
Section 39.663. Pledge of State
Section 39.664. Legal Actions Involving Pricing or Uplift Actions