Bill Text: TX SB2010 | 2023-2024 | 88th Legislature | Enrolled
Bill Title: Relating to required reporting by the wholesale electric market monitor for the ERCOT power region.
Spectrum: Partisan Bill (Republican 5-0)
Status: (Vetoed) 2023-06-18 - Vetoed by the Governor [SB2010 Detail]
Download: Texas-2023-SB2010-Enrolled.html
| S.B. No. 2010 | ||
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| relating to required reporting by the wholesale electric market | ||
| monitor for the ERCOT power region. | ||
| BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | ||
| SECTION 1. Section 39.1515, Utilities Code, is amended by | ||
| amending Subsection (f) and adding Subsection (i) to read as | ||
| follows: | ||
| (f) The market monitor immediately shall report in writing | ||
| directly to the commission and commission staff all [ |
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| market manipulations and all [ |
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| violations of commission rules or rules of the independent | ||
| organization. | ||
| (i) Not later than December 1 of each year, the commission | ||
| shall submit a report to the legislature that describes for the | ||
| 12-month period preceding the report's submission: | ||
| (1) the number of instances in which the market | ||
| monitor reported potential market manipulation to the commission or | ||
| commission staff; | ||
| (2) the statutes, commission rules, and rules of the | ||
| independent organization alleged to have been violated by the | ||
| reported entities; and | ||
| (3) the number of instances reported under Subdivision | ||
| (1) for which the commission instituted a formal investigation on | ||
| its own motion or commission staff initiated an enforcement action. | ||
| SECTION 2. This Act takes effect September 1, 2023. | ||
| ______________________________ | ______________________________ | |
| President of the Senate | Speaker of the House | |
| I hereby certify that S.B. No. 2010 passed the Senate on | ||
| April 4, 2023, by the following vote: Yeas 31, Nays 0. | ||
| ______________________________ | ||
| Secretary of the Senate | ||
| I hereby certify that S.B. No. 2010 passed the House on | ||
| May 18, 2023, by the following vote: Yeas 144, Nays 2, one | ||
| present not voting. | ||
| ______________________________ | ||
| Chief Clerk of the House | ||
| Approved: | ||
| ______________________________ | ||
| Date | ||
| ______________________________ | ||
| Governor | ||
