Bill Amendment: TX HB1500 | 2023-2024 | 88th Legislature

NOTE: For additional amemendments please see the Bill Drafting List

---

Bill Title: Relating to the continuation and functions of the Public Utility Commission of Texas and the Office of Public Utility Counsel, and the functions of the independent organization certified for the ERCOT power region; increasing an administrative penalty.

Status: 2023-06-09 - Effective on 9/1/23 [HB1500 Detail]

Download: Texas-2023-HB1500-Senate_Amendment_S_2_F8-Schwertner.html

---

Amend CSHB 1500 (senate committee report) in SECTION 16 of the bill, in added Section 39.1594(a), Utilities Code (page 8, line 39), between "annually" and the underlined semicolon, by inserting the following:

, less the cost of any interim or bridge solutions that are lawfully implemented, except that the commission may adjust the limit:

(A)  proportionally according to the highest net peak demand year-over-year with a base year of 2026; and

(B)  for inflation with a base year of 2026