The Senate Committee on Business and Commerce convened to discuss a wide range of bills, including key pieces of legislation such as HB1922 and HB145, which address utilities' wildfire mitigation efforts. There was a notable emphasis on the importance of strengthening Texas' approach to dealing with electric utility liabilities and improving operational strategies in the event of wildfires. Public testimony was heard, with various stakeholders advocating for and expressing concerns about elements of the proposed regulations, highlighting the nuanced positions citizens and organizations hold regarding energy management and environmental safety. Additionally, several bills were reported favorably to the full Senate, indicating a smooth legislative progress during the meeting.
Relating to the right of a purchaser to terminate a contract of purchase and sale of real property for failure to provide notice that the property is located in a public improvement district.
Relating to funding of excess losses and operating expenses of the Texas Windstorm Insurance Association; authorizing an assessment; authorizing a surcharge.
Relating to the maintenance of overhead electrical power lines associated with oil and gas development and production; authorizing an administrative penalty.