Texas 2009 - 81st Regular

Texas House Bill HB1991

Voted on by House
 
Out of Senate Committee
 
Voted on by Senate
 
Governor Action
 
Bill Becomes Law
 

Caption

Relating to the use of money from the Texas emerging technology fund for the research and development of clean energy.

Impact

The passage of HB 1991 would directly influence state laws regarding the allocation of funds for energy research. By prioritizing clean energy projects over other areas such as biotechnology and medicine, the bill signals a significant shift in funding priorities within the Texas Emerging Technology Fund. This can catalyze advancements in the aforementioned areas and encourage investments in sustainable practices across the state.

Summary

House Bill 1991 focuses on amending the Texas Emerging Technology Fund to prioritize funding for clean energy initiatives. Specifically, the bill stipulates that money from the fund should be allocated for research and development aimed at low carbon fuels, low carbon electric generation technologies, and strategies to mitigate carbon emissions. The bill is a testament to Texas's commitment to embracing cleaner energy solutions and addressing climate change through technological innovation.

Contention

While proponents of the bill argue that it is a critical step towards fostering innovation in clean energy, opposition may arise from stakeholders who believe this shift in funding could detract from medical and biotechnology research that is also vital for the state's economy. Additionally, concerns about the continuity of support for existing initiatives could be raised, creating a debate about the best use of state funds in this context.

Companion Bills

TX SB542

Very Similar Relating to the use of money from the Texas emerging technology fund for the research and development of clean energy.

Previously Filed As

TX SJR49

Proposing a constitutional amendment creating a university research fund to support emerging research universities in The University of Texas System or The Texas A&M University System and disqualifying all component institutions of those university systems from receiving money from the national research university fund.

TX SB19

Relating to the administration and investment of, and distribution and use of money from, certain constitutional and statutory funds to support general academic teaching institutions in achieving national prominence as major research universities and driving the state economy; redesignating the national research university fund as the Texas University Fund.

TX SB1058

Relating to the university research fund and eligibility to receive money from the national research university fund.

TX HB4885

Relating to programs established and funded under the Texas emissions reduction plan.

TX HB2421

Relating to the reenactment of expired provisions of the Texas Economic Development Act.

TX HB2466

Relating to the creation of the Texas technology and innovation program.

TX SB2367

Relating to the creation of programs and funding for investment in technology industries.

TX HB2207

Relating to the allocation of certain constitutional transfers of money to the economic stabilization fund, the state highway fund, the oil and gas regulation and cleanup account, the Texas emissions reduction plan fund, the property tax relief fund, and the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund and to the permissible uses of money deposited to the Texas severance tax revenue and oil and natural gas (Texas STRONG) defense fund.

TX HB1595

Relating to the administration and investment of, and distribution and use of money from, certain constitutional and statutory funds to support general academic teaching institutions in achieving national prominence as major research universities and driving the state economy.

TX HB3447

Relating to the establishment and administration of the Texas Space Commission and the Texas Aerospace Research and Space Economy Consortium.

Similar Bills

No similar bills found.