TX SCR54

Instructs the enrolling clerk of the Senate to correct a technical error in Senate Bill No. 2268, which has been adopted by both chambers and is being prepared for enrollment

Modifies Section 34.0104(b-1) of the Utilities Code to allow construction loans to municipally owned utilities (or their instrumentalities) to be issued as public securities payable on parity with other senior lien debt secured by net revenues

Permits construction loans to electric cooperatives to be secured by a senior lien on substantially all electric system assets, including the facility being financed, payable on parity with other senior lien debt

Adopted by the Senate on May 30, 2025 (31-0 vote) and by the House on June 1, 2025 (127-5 vote, 1 present not voting)