Texas 2023 - 88th Regular

Texas Senate Bill SB1501 Latest Draft

Bill / Introduced Version Filed 03/02/2023

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                            88R12301 CXP-D
 By: Huffman S.B. No. 1501


 A BILL TO BE ENTITLED
 AN ACT
 relating to the payment of gas customer rate relief charges imposed
 for costs related to Winter Storm Uri.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 104.361, Utilities Code, is amended by
 adding Subsection (c) to read as follows:
 (c)  The legislature finds and declares that Winter Storm Uri
 constituted a public calamity to this state due to the loss of life,
 injury, property damage, and widespread disruptions of gas supply,
 electricity, and utility services caused by prolonged freezing
 temperatures, heavy snow, and freezing rain statewide.
 SECTION 2.  Section 104.373, Utilities Code, is amended by
 adding Subsection (f) to read as follows:
 (f)  Notwithstanding any other law, a state agency may
 provide money appropriated for the purpose to the issuing financing
 entity to pay the aggregate customer rate relief charges authorized
 by this subchapter on behalf of customers described by Subsection
 (a).
 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, 2023.