Texas 2021 - 87th Regular

Texas House Bill HB2529 Latest Draft

Bill / Introduced Version Filed 03/01/2021

                            87R10707 CXP-D
 By: Davis H.B. No. 2529


 A BILL TO BE ENTITLED
 AN ACT
 relating to the membership of the governing body of the independent
 organization certified for the ERCOT power region.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 39.151, Utilities Code, is amended by
 amending Subsections (g) and (g-1) and adding Subsection (g-2) to
 read as follows:
 (g)  To maintain certification as an independent
 organization under this section, an organization's governing body
 must be composed of persons specified by this section and selected
 in accordance with formal bylaws or protocols of the organization.
 The bylaws or protocols must be approved by the commission and must
 reflect the input of the commission. The bylaws must specify the
 process by which appropriate stakeholders elect members and, for
 unaffiliated members, prescribe professional qualifications for
 selection as a member. The bylaws must require the use of a
 professional search firm to identify candidates for membership of
 unaffiliated members. The process must allow for commission input
 in identifying candidates. The governing body must be composed of:
 (1)  [the chairman of the commission as an ex officio
 nonvoting member;
 [(2)] the counsellor as an ex officio voting member
 representing residential and small commercial consumer interests;
 (2) [(3)]  the chief executive officer of the
 independent organization as an ex officio voting member;
 (3) [(4)]  six market participants elected by their
 respective market segments to serve one-year terms, with:
 (A)  one representing independent generators;
 (B)  one representing investor-owned utilities;
 (C)  one representing power marketers;
 (D)  one representing retail electric providers;
 (E)  one representing municipally owned
 utilities; and
 (F)  one representing electric cooperatives;
 (4) [(5)]  one member representing industrial consumer
 interests and elected by the industrial consumer market segment to
 serve a one-year term;
 (5) [(6)]  one member representing large commercial
 consumer interests selected in accordance with the bylaws to serve
 a one-year term; and
 (6) (7)  five members unaffiliated with any market
 segment and selected by the other members of the governing body to
 serve three-year terms.
 (g-1)  The presiding officer of the governing body must be
 one of the members described by Subsection (g)(6) [(g)(7)].
 (g-2)  To maintain certification as an independent
 organization under this section, an organization's governing body
 may not include a commissioner as a member.
 SECTION 2.  This Act takes effect September 1, 2021.