HB 3676
AN ACT relating to the prioritization of awarding grants and loans from
89th Regular Session
Jan 14, 2025 - Jun 2, 2025 • Session ended
Awaiting Committee Assignment
Bill filed, pending referral to House committee
Committee
Not yet assigned
Fiscal Note
Not available
What This Bill Does
Allows the Texas Public Utility Commission to prioritize grants and loans from the Texas Energy Fund for electric generating facilities based on specific generation capacity criteria. The legislation aims to support the development of new power generation infrastructure by establishing a prioritization framework for awarding financial assistance. This could potentially help strengthen the state's electrical grid and support energy development projects with strategic capacity requirements.
Subject Areas
Bill Text
relating to the prioritization of awarding grants and loans from the Texas Energy Fund for certain electric generating facilities. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Subchapter A, Chapter 34, Utilities Code, is amended by adding Section 34.0111 to read as follows: Sec. 34.0111. PRIORITIZATION OF AWARDS. The commission shall prioritize the award of a grant or loan under this subchapter for an electric generating facility with a generation capacity of SECTION 2. Section 34.0111, Utilities Code, as added by this Act, applies only to an application for a grant or loan submitted to the Public Utility Commission of Texas under Subchapter A, Chapter 34, Utilities Code, on or after the effective SECTION 3. This Act takes effect September 1, 2025.
Bill History
Bill filed: AN ACT relating to the prioritization of awarding grants and loans from
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