By: Anchia, Keffer (Senate Sponsor - Watson) H.B. No. 2392
(In the Senate - Received from the House May 14, 2015;
May 21, 2015, read first time and referred to Committee on Business
and Commerce; May 22, 2015, reported favorably by the following
vote: Yeas 6, Nays 2; May 22, 2015, sent to printer.)
Click here to see the committee vote
A BILL TO BE ENTITLED
AN ACT
relating to the establishment of a residential energy efficiency
loan program.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Chapter 388, Health and Safety Code, is amended
by adding Section 388.013 to read as follows:
Sec. 388.013. ENERGY EFFICIENCY LOAN PROGRAM. (a) The
comptroller and the State Energy Conservation Office by rule shall
establish and administer a self-sustaining program that issues
loans to be used for improvements that increase the energy
efficiency of residences that are not newly constructed.
(b) Rules adopted under this section must establish
eligibility requirements for receipt of a loan issued under this
section, including energy savings cost-effectiveness criteria.
(c) The State Energy Conservation Office annually shall
evaluate the effectiveness of the program established under this
section and quantify energy savings realized as a result of the
program.
(d) Money from the general revenue fund may not be
appropriated for the purpose of implementing the program
established under this section.
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, 2015.
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