By: Johnson S.J.R. No. 82
SENATE JOINT RESOLUTION
proposing a constitutional amendment providing for the creation of
the Texas power resiliency fund to finance the operation of backup
power sources.
BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Article III, Texas Constitution, is amended by
adding Section 49-q to read as follows:
Sec. 49-q. (a) The Texas power resiliency fund is created
as a special fund in the state treasury outside the general revenue
fund.
(b) As provided by general law, money in the Texas power
resiliency fund may be administered and used, without further
appropriation, only:
(1) by the State Energy Conservation Office or that
office's successor in function to provide grants and loans to
finance the operation of backup power sources; and
(2) by the Texas Division of Emergency Management or
that division's successor in function to procure and deploy mobile
sources of backup power.
(c) The entities administering the Texas power resiliency
fund may establish separate accounts in the fund as necessary or
convenient for the fund's administration.
(d) The Texas power resiliency fund consists of:
(1) money transferred or deposited to the credit of
the fund by or as authorized by law, including money from any source
transferred or deposited to the credit of the fund at the discretion
of the entities administering the fund;
(2) revenue, including the proceeds of any fee,
assessment, or tax imposed by this state, that general law
dedicates for deposit to the credit of the fund; and
(3) investment earnings and interest earned on money
in the fund.
SECTION 2. This proposed constitutional amendment shall be
submitted to the voters at an election to be held November 7, 2023.
The ballot shall be printed to permit voting for or against the
proposition: "The constitutional amendment providing for the
creation of the Texas power resiliency fund to finance backup power
sources."