Bill Text: TX HB4512 | 2021-2022 | 87th Legislature | Introduced

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Bill Title: 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.

Sponsorship: Partisan Bill (Democrat 1)

Status: (Introduced - Dead) 2021-03-29 - Referred to State Affairs [HB4512 Detail]

Download: Texas-2021-HB4512-Introduced.html

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87R10927 BRG-D
By: Raymond H.B. No. 4512

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 39.151, Utilities Code, is amended by
adding Subsection (d-5) to read as follows:
(d-5) Notwithstanding Subsection (d), 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 September 1, 2021.