Texas Utilities Code 122.052 – Deduction of Certain Costs
Current as of: 2024 | Check for updates
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Terms Used In Texas Utilities Code 122.052
- Person: includes corporation, organization, government or governmental subdivision or agency, business trust, estate, trust, partnership, association, and any other legal entity. See Texas Government Code 311.005
A gas utility is entitled to deduct from the utility’s gross receipts the amount of the cost paid to another person by the utility for purchasing, treating, or storing natural gas or for gathering or transporting natural gas to the utility’s facilities.