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TX SB970
Bill
Status
Introduced
1/29/2025
Primary Sponsor
Kevin Sparks
Click for details
AI Summary
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Requires the Public Utility Commission of Texas to prioritize awarding grants and loans from the Texas Energy Fund to electric generating facilities with a generation capacity of at least 750 megawatts
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Adds new Section 34.0111 to the Utilities Code establishing this prioritization requirement for Texas Energy Fund awards
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Applies only to grant or loan applications submitted to the Public Utility Commission on or after the effective date of the Act
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Takes effect September 1, 2025
Legislative Description
Relating to the prioritization of awarding grants and loans from the Texas Energy Fund for certain electric generating facilities.
Utilities
Last Action
Co-author authorized
2/20/2025
Committee Referrals
Business & Commerce2/13/2025
Full Bill Text
No bill text available