Bill Text: TX HB1101 | 2015-2016 | 84th Legislature | Enrolled
Bill Title: Relating to extending the period over which the balance of the system benefit fund is to be eliminated.
Spectrum: Partisan Bill (Democrat 2-0)
Status: (Passed) 2015-06-17 - Effective immediately [HB1101 Detail]
Download: Texas-2015-HB1101-Enrolled.html
H.B. No. 1101 |
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relating to extending the period over which the balance of the | ||
system benefit fund is to be eliminated. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Section 39.903(m), Utilities Code, is amended to | ||
read as follows: | ||
(m) This section expires September 1, 2017 [ |
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SECTION 2. Section 39.9039, Utilities Code, is amended to | ||
read as follows: | ||
Sec. 39.9039. ELIMINATION OF SYSTEM BENEFIT FUND BALANCE. | ||
(a) Notwithstanding Section 39.903(b), the commission shall set the | ||
nonbypassable system benefit fund fee at the amount of zero cents | ||
per megawatt hour for the period beginning September 1, 2013, and | ||
ending September 1, 2017 [ |
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(b) Notwithstanding Section 39.903(e), money in the system | ||
benefit fund may be appropriated: | ||
(1) [ |
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2014, to a program established by the commission to assist | ||
low-income electric customers by providing a reduced rate for the | ||
months of September, 2014, and May through August, 2015, in the | ||
manner prescribed by Section 39.903(h), at a rate of up to 15 | ||
percent; | ||
(2) [ |
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September 1, 2015, to a program established by the commission to | ||
assist low-income electric customers by providing a reduced rate | ||
for the months of September, 2015, [ |
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in the manner prescribed by Section 39.903(h), at the [ |
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commission determines is necessary to exhaust the system benefit | ||
fund [ |
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(3) for the state fiscal year beginning September 1, | ||
2016, if any money remains in the fund, to a program established by | ||
the commission to assist low-income electric customers by providing | ||
a reduced rate for the months of September, 2016, through August, | ||
2017, in the manner prescribed by Section 39.903(h), at the rate the | ||
commission determines is necessary to exhaust the system benefit | ||
fund; and | ||
(4) for customer education programs and | ||
administrative expenses incurred by the commission in implementing | ||
and administering this chapter. | ||
(c) This section expires September 1, 2017 [ |
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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, 2015. | ||
______________________________ | ______________________________ | |
President of the Senate | Speaker of the House | |
I certify that H.B. No. 1101 was passed by the House on May 8, | ||
2015, by the following vote: Yeas 141, Nays 1, 1 present, not | ||
voting. | ||
______________________________ | ||
Chief Clerk of the House | ||
I certify that H.B. No. 1101 was passed by the Senate on May | ||
24, 2015, by the following vote: Yeas 27, Nays 3. | ||
______________________________ | ||
Secretary of the Senate | ||
APPROVED: _____________________ | ||
Date | ||
_____________________ | ||
Governor |