Texas 2023 - 88th Regular

Texas Senate Bill SB2010 Latest Draft

Bill / Enrolled Version Filed 05/18/2023

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                            S.B. No. 2010


 AN ACT
 relating to required reporting by the wholesale electric market
 monitor for the ERCOT power region.
 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 SECTION 1.  Section 39.1515, Utilities Code, is amended by
 amending Subsection (f) and adding Subsection (i) to read as
 follows:
 (f)  The market monitor immediately shall report in writing
 directly to the commission and commission staff all [any] potential
 market manipulations and all [any] discovered or potential
 violations of commission rules or rules of the independent
 organization.
 (i)  Not later than December 1 of each year, the commission
 shall submit a report to the legislature that describes for the
 12-month period preceding the report's submission:
 (1)  the number of instances in which the market
 monitor reported potential market manipulation to the commission or
 commission staff;
 (2)  the statutes, commission rules, and rules of the
 independent organization alleged to have been violated by the
 reported entities; and
 (3)  the number of instances reported under Subdivision
 (1) for which the commission instituted a formal investigation on
 its own motion or commission staff initiated an enforcement action.
 SECTION 2.  This Act takes effect September 1, 2023.
 ______________________________ ______________________________
 President of the Senate Speaker of the House
 I hereby certify that S.B. No. 2010 passed the Senate on
 April 4, 2023, by the following vote:  Yeas 31, Nays 0.
 ______________________________
 Secretary of the Senate
 I hereby certify that S.B. No. 2010 passed the House on
 May 18, 2023, by the following vote:  Yeas 144, Nays 2, one
 present not voting.
 ______________________________
 Chief Clerk of the House
 Approved:
 ______________________________
 Date
 ______________________________
 Governor