(a) Fines and penalties collected under TWC, Chapter
13, from a retail public utility that is not a public utility in other
than criminal proceedings shall be paid to the commission and deposited
in the general revenue fund.
(b) The commission shall provide a reasonable period
for a retail public utility that takes over a nonfunctioning system
to bring the nonfunctioning system into compliance with commission
rules, during which the commission may not impose a penalty for any
deficiency in the system that is present at the time the retail public
utility takes over the nonfunctioning system. The commission must
consult with the retail public utility before determining the period
and may grant an extension of the period for good cause.
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