1 | 1 | | 81R20440 TRH-F |
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2 | 2 | | By: Turner of Harris H.B. No. 2305 |
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3 | 3 | | Substitute the following for H.B. No. 2305: |
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4 | 4 | | By: Solomons C.S.H.B. No. 2305 |
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5 | 5 | | |
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6 | 6 | | |
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7 | 7 | | A BILL TO BE ENTITLED |
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8 | 8 | | AN ACT |
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9 | 9 | | relating to security deposits for customers of retail electric |
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10 | 10 | | providers. |
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11 | 11 | | BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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12 | 12 | | SECTION 1. Section 39.101(a), Utilities Code, is amended to |
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13 | 13 | | read as follows: |
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14 | 14 | | (a) The [Before customer choice begins on January 1, 2002, |
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15 | 15 | | the] commission shall ensure that retail customer protections are |
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16 | 16 | | established that entitle a customer: |
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17 | 17 | | (1) to safe, reliable, and reasonably priced |
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18 | 18 | | electricity, including protection against service disconnections |
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19 | 19 | | in an extreme weather emergency as provided by Subsection (h) or in |
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20 | 20 | | cases of medical emergency or nonpayment for unrelated services; |
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21 | 21 | | (2) to privacy of customer consumption and credit |
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22 | 22 | | information; |
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23 | 23 | | (3) to bills presented in a clear format and in |
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24 | 24 | | language readily understandable by customers; |
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25 | 25 | | (4) to the option to have all electric services on a |
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26 | 26 | | single bill, except in those instances where multiple bills are |
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27 | 27 | | allowed under Chapters 40 and 41; |
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28 | 28 | | (5) to protection from discrimination on the basis of |
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29 | 29 | | race, color, sex, nationality, religion, or marital status; |
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30 | 30 | | (6) to accuracy of metering and billing; |
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31 | 31 | | (7) to information in English and Spanish and any |
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32 | 32 | | other language as necessary concerning rates, key terms and |
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33 | 33 | | conditions, in a standard format that will permit comparisons |
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34 | 34 | | between price and service offerings, and the environmental impact |
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35 | 35 | | of certain production facilities; |
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36 | 36 | | (8) to information in English and Spanish and any |
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37 | 37 | | other language as necessary concerning low-income assistance |
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38 | 38 | | programs and deferred payment plans; [and] |
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39 | 39 | | (9) to other information or protections necessary to |
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40 | 40 | | ensure high-quality service to customers; and |
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41 | 41 | | (10) to a refund of a security deposit or other money |
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42 | 42 | | owed to the customer on the withdrawal of the customer's retail |
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43 | 43 | | electric provider from competition in this state. |
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44 | 44 | | SECTION 2. Subchapter C, Chapter 39, Utilities Code, is |
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45 | 45 | | amended by adding Section 39.110 to read as follows: |
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46 | 46 | | Sec. 39.110. CUSTOMER DEPOSIT FUND. (a) The customer |
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47 | 47 | | deposit fund is a trust fund held outside the state treasury by a |
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48 | 48 | | financial institution eligible to be a state depository under |
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49 | 49 | | Chapter 404, Government Code, that is selected by the commission. |
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50 | 50 | | Money in the fund may be used only to repay a security deposit to a |
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51 | 51 | | customer of a retail electric provider. |
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52 | 52 | | (b) The commission shall: |
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53 | 53 | | (1) deposit each customer deposit remitted under |
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54 | 54 | | Subsection (c) to the credit of the customer deposit fund; |
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55 | 55 | | (2) remit to a retail electric provider an amount |
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56 | 56 | | equal to the amount of a customer's security deposit plus interest |
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57 | 57 | | on the deposit, when the retail electric provider demonstrates that |
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58 | 58 | | the security deposit has been returned to the customer with |
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59 | 59 | | interest as provided by Chapter 183, minus any deductions for |
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60 | 60 | | payments due; |
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61 | 61 | | (3) remit to a retail electric provider an amount |
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62 | 62 | | equal to the amount of interest on a deposit remitted to a customer |
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63 | 63 | | on request as provided by Section 183.004 when the retail electric |
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64 | 64 | | provider demonstrates that the interest has been paid to the |
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65 | 65 | | customer; and |
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66 | 66 | | (4) conduct an annual review of the customer deposit |
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67 | 67 | | fund, including a review of the interest projected to be earned by |
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68 | 68 | | the fund. |
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69 | 69 | | (c) A retail electric provider shall remit to the commission |
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70 | 70 | | each security deposit the provider receives from a customer. The |
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71 | 71 | | commission may require a retail electric provider to submit a |
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72 | 72 | | report regarding remissions of security deposits for deposit to the |
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73 | 73 | | fund or returns of security deposits to customers. A report |
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74 | 74 | | submitted under this subsection must contain any information the |
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75 | 75 | | commission requires to evaluate a retail electric provider's |
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76 | 76 | | compliance with this section. |
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77 | 77 | | (d) The commission quarterly shall publish a report of |
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78 | 78 | | customer deposit fund deposits, disbursements, and earnings. |
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79 | 79 | | (e) The commission shall adopt rules to implement this |
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80 | 80 | | section. At a minimum, the rules must establish: |
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81 | 81 | | (1) the procedures by which a retail electric provider |
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82 | 82 | | shall remit security deposits to the commission; |
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83 | 83 | | (2) the information that must be contained in a report |
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84 | 84 | | required under Subsection (c); |
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85 | 85 | | (3) a schedule for the return of a customer's security |
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86 | 86 | | deposit by a retail electric provider and the reimbursement of a |
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87 | 87 | | retail electric provider from the fund for returned deposits, minus |
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88 | 88 | | any deductions for payments due; and |
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89 | 89 | | (4) procedures for the review required by Subsection |
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90 | 90 | | (b)(4), including a method of administrative review that ensures |
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91 | 91 | | that a retail electric provider remits each customer's security |
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92 | 92 | | deposit to the commission and returns each customer's security |
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93 | 93 | | deposit and interest to the customer when necessary, minus any |
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94 | 94 | | deductions for payments due. |
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95 | 95 | | SECTION 3. (a) The Public Utility Commission of Texas shall |
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96 | 96 | | adopt rules consistent with Section 39.110, Utilities Code, as |
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97 | 97 | | added by this Act, not later than December 1, 2009. |
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98 | 98 | | (b) The changes in law made by this Act apply only to a |
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99 | 99 | | security deposit that is received by a retail electric provider on |
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100 | 100 | | or after the effective date of this Act. A security deposit that is |
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101 | 101 | | received before the effective date of this Act is subject to the law |
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102 | 102 | | in effect on the date of receipt, and that law is continued in |
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103 | 103 | | effect for that purpose. |
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104 | 104 | | SECTION 4. This Act takes effect September 1, 2009. |
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