89R23684 CS-F By: Y. Davis of Dallas H.B. No. 5623 Substitute the following for H.B. No. 5623: By: King C.S.H.B. No. 5623 A BILL TO BE ENTITLED AN ACT relating to the provision of grants from the Texas energy fund for certain energy efficiency projects. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter A, Chapter 34, Utilities Code, is amended by adding Section 34.01051 to read as follows: Sec. 34.01051. ENERGY EFFICIENCY GRANTS. (a) The commission may use money in the fund without further appropriation to provide grants for energy efficiency projects that benefit retail electric customers, including residential weatherization, demand reduction, or energy loss prevention projects. (b) The commission by rule shall establish eligibility criteria to receive a grant under this section. (c) The commission may provide a grant under this section to: (1) a retail electric customer; or (2) a nonprofit corporation. (d) Section 35.005(d) does not apply to a grant provided under this section. SECTION 2. This Act takes effect January 1, 2026, but only if the constitutional amendment proposed by the 89th Legislature, Regular Session, 2025, authorizing the use of money in the Texas energy fund for energy efficiency projects that benefit retail electric customers is approved by the voters. If that amendment is not approved by the voters, this Act has no effect.