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TX SB2546
Bill
Status
3/13/2025
Primary Sponsor
Kelly Hancock
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AI Summary
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Establishes the Transmission Cost Funding Work Group to study financing options for electric transmission infrastructure development and maintenance in Texas
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Work group comprises 15 members including representatives from the Public Utility Commission, ERCOT, two state senators, two state representatives, the comptroller's office, governor's office, and stakeholders from consumer advocacy, renewable energy, oil and gas, and various utility types (investor-owned, municipal, and cooperative)
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Study must identify potential funding sources including legislative appropriations, public-private partnerships, utility surcharges, tax incentives, infrastructure investment programs, and reallocation of existing funds
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Work group required to assess financial feasibility, evaluate impacts on consumers and the state economy, and compare approaches used by other states
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Report with findings and legislative recommendations due to the governor, lieutenant governor, and speaker by December 1, 2026, with the act expiring September 1, 2027
Legislative Description
Relating to establishing an advisory group to study potential means to finance costs of development and maintenance of electric transmission infrastructure.
COMPTROLLER OF PUBLIC ACCOUNTS
Last Action
Referred to Business & Commerce
4/3/2025