Bill: SB 1211, 86(R) - 2019

Committee

Senate Business & Commerce

2nd Chamber Committee

House State Affairs

Vote Recommendation

Vote Recommendation Economic Freedom Property Rights Personal Responsibility Limited Government Individual Liberty
Neutral Neutral Neutral Neutral Neutral Neutral

Author(s)

Kelly Hancock

Sponsor(s)

Phil King

Co-Sponsor(s)

Sam Harless
Ana Hernandez
Tan Parker
Jarred Patterson

Bill Caption

Relating to regulation of mergers and consolidations of power generation companies.

Fiscal Notes

No significant fiscal implication to the State is anticipated.

Bill Analysis

SB 1211 would change the condition that triggers the requirement to obtain Public Utility Commission (PUC) approval before closing on a transaction between power generation companies that offer electricity for sale in the same power region to merge, consolidate, or otherwise become affiliated. The bill would make the requirement applicable if the merged, consolidated, or affiliated entity would own or control more than 10 percent of the total installed generation capacity located in, or capable of delivering electricity to, the region (rather than on the basis of total electricity for sale in the region). 

Vote Recommendation Notes

Texas Action is neutral on SB 1211 because it does not affect our liberty principles.

Source URL (retrieved on 04/24/2024 05:04 PM): http://reports.texasaction.com/bill/86r/sb1211?print_view=true