By: Hancock S.B. No. 736 A BILL TO BE ENTITLED AN ACT relating to the authority of the General Land Office to sell retail electric power. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter D, Chapter 35, Utilities Code, is amended by adding Section 35.107 to read as follows: Sec. 35.107. EXPIRATION OF AUTHORITY TO SELL OR CONVEY POWER. (a) Notwithstanding another provision of this subchapter, the commissioner's authority to sell or convey power under this subchapter expires September 1, 2022. (b) This section does not affect the commissioner's authority to sell or convey natural gas under this subchapter. SECTION 2. (a) The General Land Office or an entity operating under a contract with the General Land Office may continue to provide retail electric service in accordance with Subchapter D, Chapter 35, Utilities Code, as that subchapter existed before the effective date of this Act, under the terms of an agreement with a customer entered into before the effective date of this Act, only until the date the agreement expires. (b) The General Land Office may not renew or extend the expiration or termination date of a contract to provide retail electric service in accordance with Subchapter D, Chapter 35, Utilities Code, to a date after September 1, 2022. SECTION 3. (a) The General Land Office shall collect information on the sale of electricity by the General Land Office and not later than September 1, 2021, provide to the legislature a report based on the collected information. (b) The report must include and address for each year at least the following information: (1) number of participants; (2) aggregate rates; (3) general contract terms; and (4) the extent of any fiscal impact on state resources of administering the program. SECTION 4. This Act takes effect September 1, 2017.