Bill

SB 1497

86(R) - 2019
Senate Business & Commerce
House State Affairs
Senate Business & Commerce
House State Affairs

Contact the Author

Judith Zaffirini

Phone:

512-463-0121

Capitol Office:

1E.14

Email:

Vote Recommendation

No
  • Negative
  • Neutral
  • Negative
  • Negative
  • Neutral

Author(s)

Judith Zaffirini

Sponsor(s)

Tan Parker

Bill Caption

Relating to the registration and regulation of brokers by the Public Utility Commission of Texas.

Fiscal Notes

No significant fiscal implication to the State is anticipated. 

Bill Analysis

SB 1497 would require energy brokers in the state to register with the Public Utilities Commission, and would hold them to the standards of consumer protection provisions, disclosure requirements, and marketing guidelines established by the commission. 

Vote Recommendation Notes

Texas Action recommends opposing SB 1497 because it infringes upon principles of free markets and limited government. As the bill's author acknowledges, the "emergence of brokers is a reflection of the maturation and growth of the electric market," and further government interference in that market would be antithetical to our free market principles. Additionally, consumers have a personal responsibility to know and understand the terms of the contracts to which they enter, especially when the terms seem too good to be true.

Contact the Author

Judith Zaffirini

Phone:

512-463-0121

Capitol Office:

1E.14

Email: