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TX SB2546

Bill

Status

Introduced

3/13/2025

Primary Sponsor

Kelly Hancock

Click for details

Origin

Senate

89th Legislature Regular Session

AI Summary

  • Establishes the Transmission Cost Funding Work Group to study financing options for electric transmission infrastructure development and maintenance in Texas

  • 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)

  • Study must identify potential funding sources including legislative appropriations, public-private partnerships, utility surcharges, tax incentives, infrastructure investment programs, and reallocation of existing funds

  • Work group required to assess financial feasibility, evaluate impacts on consumers and the state economy, and compare approaches used by other states

  • 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

Committee Referrals

Business & Commerce4/3/2025

Full Bill Text

No bill text available