Bill Text: TX SJR82 | 2023-2024 | 88th Legislature | Introduced
NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Proposing a constitutional amendment providing for the creation of the Texas power resiliency fund to finance backup power sources.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed - Dead) 2023-05-04 - Referred to State Affairs [SJR82 Detail]
Download: Texas-2023-SJR82-Introduced.html
Bill Title: Proposing a constitutional amendment providing for the creation of the Texas power resiliency fund to finance backup power sources.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Engrossed - Dead) 2023-05-04 - Referred to State Affairs [SJR82 Detail]
Download: Texas-2023-SJR82-Introduced.html
By: Johnson | S.J.R. No. 82 | |
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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." |