Bill Text: TX SB736 | 2017-2018 | 85th Legislature | Engrossed

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Bill Title: Relating to a report on the sale of retail electric power by the General Land Office.

Spectrum: Partisan Bill (Republican 2-0)

Status: (Passed) 2017-06-09 - Effective on 9/1/17 [SB736 Detail]

Download: Texas-2017-SB736-Engrossed.html

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By: Hancock S.B. No. 736

A BILL TO BE ENTITLED
AN ACT
relating to the authority of the General Land Office to sell retail
electric power.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
SECTION 1. Subchapter D, Chapter 35, Utilities Code, is
amended by adding Section 35.107 to read as follows:
Sec. 35.107. EXPIRATION OF AUTHORITY TO SELL OR CONVEY
POWER. (a) Notwithstanding another provision of this subchapter,
the commissioner's authority to sell or convey power under this
subchapter expires September 1, 2022.
(b) This section does not affect the commissioner's
authority to sell or convey natural gas under this subchapter.
SECTION 2. (a) The General Land Office or an entity
operating under a contract with the General Land Office may
continue to provide retail electric service in accordance with
Subchapter D, Chapter 35, Utilities Code, as that subchapter
existed before the effective date of this Act, under the terms of an
agreement with a customer entered into before the effective date of
this Act, only until the date the agreement expires.
(b) The General Land Office may not renew or extend the
expiration or termination date of a contract to provide retail
electric service in accordance with Subchapter D, Chapter 35,
Utilities Code, to a date after September 1, 2022.
SECTION 3. (a) The General Land Office shall collect
information on the sale of electricity by the General Land Office
and not later than September 1, 2021, provide to the legislature a
report based on the collected information.
(b) The report must include and address for each year at
least the following information:
(1) number of participants;
(2) aggregate rates;
(3) general contract terms; and
(4) the extent of any fiscal impact on state resources
of administering the program.
SECTION 4. This Act takes effect September 1, 2017.