Bill Text: TX HB2392 | 2015-2016 | 84th Legislature | Comm Sub
Bill Title: Relating to the establishment of a residential energy efficiency loan program.
Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: (Engrossed - Dead) 2015-05-25 - Placed on intent calendar [HB2392 Detail]
Download: Texas-2015-HB2392-Comm_Sub.html
By: Anchia, Keffer (Senate Sponsor - Watson) | H.B. No. 2392 | |
(In the Senate - Received from the House May 14, 2015; | ||
May 21, 2015, read first time and referred to Committee on Business | ||
and Commerce; May 22, 2015, reported favorably by the following | ||
vote: Yeas 6, Nays 2; May 22, 2015, sent to printer.) | ||
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relating to the establishment of a residential energy efficiency | ||
loan program. | ||
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
SECTION 1. Chapter 388, Health and Safety Code, is amended | ||
by adding Section 388.013 to read as follows: | ||
Sec. 388.013. ENERGY EFFICIENCY LOAN PROGRAM. (a) The | ||
comptroller and the State Energy Conservation Office by rule shall | ||
establish and administer a self-sustaining program that issues | ||
loans to be used for improvements that increase the energy | ||
efficiency of residences that are not newly constructed. | ||
(b) Rules adopted under this section must establish | ||
eligibility requirements for receipt of a loan issued under this | ||
section, including energy savings cost-effectiveness criteria. | ||
(c) The State Energy Conservation Office annually shall | ||
evaluate the effectiveness of the program established under this | ||
section and quantify energy savings realized as a result of the | ||
program. | ||
(d) Money from the general revenue fund may not be | ||
appropriated for the purpose of implementing the program | ||
established under this section. | ||
SECTION 2. This Act takes effect immediately if it receives | ||
a vote of two-thirds of all the members elected to each house, as | ||
provided by Section 39, Article III, Texas Constitution. If this | ||
Act does not receive the vote necessary for immediate effect, this | ||
Act takes effect September 1, 2015. | ||
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