By: Troxclair H.B. No. 4211
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to participation in the wholesale electric market by a
  municipally owned utility.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter Z, Chapter 552, Local Government
  Code, is amended by adding Section 552.9061 to read as follows:
         Sec. 552.9061. PARTICIPATION IN WHOLESALE ELECTRIC MARKET.
  Notwithstanding any other law, a municipally owned utility may not
  sell electric energy at wholesale if the utility has, during the
  preceding five municipal fiscal years, earned less revenue from
  wholesale sales in the electricity market than the utility has
  spent.
         SECTION 2.  The change in law made by this Act applies only
  to a municipal fiscal year that begins on or after the effective
  date of this Act.
         SECTION 3.  This Act takes effect September 1, 2023.