S.B. No. 2306
  relating to rates and methods of depreciation applied to a retired
  class of property for regulated water utilities.
         SECTION 1.  Subsection (c), Section 13.131, Water Code, is
  amended to read as follows:
         (c)  The commission shall fix proper and adequate rates and
  methods of depreciation, amortization, or depletion of the several
  classes of property of each utility and shall require every utility
  to carry a proper and adequate depreciation account in accordance
  with those rates and methods and with any other rules the commission
  prescribes.  Rules adopted under this subsection must require the
  book cost less net salvage of depreciable utility plant retired to
  be charged in its entirety to the accumulated depreciation account
  in a manner consistent with accounting treatment of regulated
  electric and gas utilities in this state. Those rates, methods,
  and accounts shall be utilized uniformly and consistently
  throughout the rate-setting and appeal proceedings.
         SECTION 2.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2009.
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
         I hereby certify that S.B. No. 2306 passed the Senate on
  April 23, 2009, by the following vote:  Yeas 30, Nays 0;
  May 14, 2009, Senate refused to concur in House amendments and
  requested appointment of Conference Committee; May 18, 2009, House
  granted request of the Senate; May 30, 2009, Senate adopted
  Conference Committee Report by the following vote:  Yeas 31,
  Nays 0.
  Secretary of the Senate    
         I hereby certify that S.B. No. 2306 passed the House, with
  amendments, on May 11, 2009, by the following vote:  Yeas 144,
  Nays 1, two present not voting; May 18, 2009, House granted request
  of the Senate for appointment of Conference Committee;
  May 23, 2009, House adopted Conference Committee Report by the
  following vote:  Yeas 142, Nays 0, two present not voting.
  Chief Clerk of the House