87S10519 CXP-D
 
  By: Raymond H.B. No. 131
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the authority of the Public Utility Commission of Texas
  to set wholesale electricity prices in the ERCOT power region
  during a state of disaster.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 39.160, Utilities Code, as added by S.B.
  3, Acts of the 87th Legislature, Regular Session, 2021, is amended
  by adding Subsection (h) to read as follows:
         (h)  Notwithstanding any other provision of this section,
  during a state of disaster declared by the governor under Chapter
  418, Government Code, in response to an extreme weather event, the
  commission may not by order raise the wholesale price of electric
  energy sold in the ERCOT power region for the purpose of correcting
  the price of electric energy to match the demand for electric
  energy.
         SECTION 2.  This Act takes effect on the 91st day after the
  last day of the legislative session.