Texas House Bill HJR11

Texas 2021 - 87th 3rd C.S.

Caption

Proposing a constitutional amendment creating the State Utilities Reliability Fund and the State Utilities Reliability Revenue Fund to provide financial support for projects that enhance the reliability and resiliency of water, electric, and natural gas utilities, broadband providers, and power generation resources in this state.

Impact

If enacted, HJR11 will directly impact state laws by creating these specialized funds outside the general revenue fund, which will be managed by the Texas Water Development Board or its successor. The establishment of these funds is significant as it allows the state to allocate resources specifically for utility reliability projects, enhancing the infrastructure that supports vital services. This constitutional amendment is expected to streamline funding processes, avoiding the need for repeated appropriations for individual projects, thus providing more timely financial assistance to utility providers.

Summary

HJR11 proposes a constitutional amendment to establish the State Utilities Reliability Fund and the State Utilities Reliability Revenue Fund. The main objective of these funds is to provide financial resources aimed at enhancing the reliability and resiliency of essential utilities, including water, electricity, natural gas, broadband services, and power generation resources within Texas. The funds are intended to support various projects, such as weatherizing facilities and reducing demand, thereby ensuring that these utilities can effectively meet the needs of the state and its residents.

Contention

Noteworthy points of contention may arise from how these funds are administered and the criteria for funding projects. There may be concerns among various stakeholders, including public utility companies and private sector entities regarding the regulation and oversight of these financial resources. Additionally, the long-term implications of establishing separate funds for utility projects could lead to debates over the prioritization and allocation of state financial resources, potentially sparking discussions about local versus state control over utility management.