Subscribe to receive our Floor Reports covering all the action on the Texas House and Senate floor!
Relating to the governance of the Public Utility Commission of Texas, the Office of Public Utility Counsel, and an independent organization certified to manage a power region.
No significant fiscal implication to the State is anticipated.
SB 2 would require that board members of the organization charged with managing Texas' power grid be residents of the state of Texas. The bill would require that the chief executive officer and vice presiding officer be appointed by the governor with the advice and consent of the senate. The bill would require that the board member representing independent generators be elected by a majority vote of the members of this market segment who each own and control five percent or more of the installed generation capacity located in the power region. Members would be required to serve staggered terms. Registered lobbyists cannot be members of this board under this bill.
Texas Action does not make any recommendation on SB 2 as it does not impact our liberty principles. The provision requiring the president and vice president of the board of directors to live in Texas is certainly very sensible, even if not necessarily connected to a liberty principle.