84R18743 JAM-F By: Anchia H.B. No. 2392 Substitute the following for H.B. No. 2392: By: Anchia C.S.H.B. No. 2392 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 emissions reduction cost-effectiveness criteria. (c) The State Energy Conservation Office shall annually submit to the commission and the laboratory a report that: (1) evaluates the effectiveness of the program established under this section; and (2) quantifies energy savings and emissions reductions as a result of this program for consideration in the state implementation plan for emissions reduction credit. SECTION 2. Section 389.002, Health and Safety Code, is amended to read as follows: Sec. 389.002. USE OF CERTAIN INFORMATION FOR FEDERAL RECOGNITION OF EMISSIONS REDUCTIONS. The commission, using information derived from the reports to the commission under Sections 386.205, 388.003(e), [and] 388.006, and 388.013, shall take all appropriate and necessary actions so that emissions reductions achieved by means of activities under Chapters 386 and 388 are credited by the United States Environmental Protection Agency to the appropriate emissions reduction objectives in the state implementation plan. SECTION 3. 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.