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SB 1580, 87th R.S.
Relating to the use of securitization by electric cooperatives to address certain weather-related extraordinary costs and expenses and to the duty of electric utility market participants to pay certain amounts owed.

Last action: Effective immediately

Author: Kelly Hancock
Coauthor: Angela Paxton | Kel Seliger
Sponsor: Chris Paddie

Session Law Chapter:
Acts 2021, 87th R.S.,ch. 950, General and Special Laws of Texas

Signed legislation

Companion:

HB 3544 (Similar)

Bill Analyses:
Committee Report (TLC)
Enrolled (Senate Research Center)
Introduced (Senate Research Center)
Committee Report (Senate Research Center)
Committee Report (House Research Organization)

Subjects:
BONDS
Disaster Preparedness & Relief
Financial--General
Property Interests--Mortgages & Liens
SECRETARY OF STATE
Utilities--Electric

House Committee: State Affairs (Will Metcalf, Chris Paddie, Joe Deshotel, Sam Harless, Ana Hernandez, Donna Howard, Todd Hunter, Phil King, Eddie Lucio III, Richard Peña Raymond, Matt Shaheen, Shelby Slawson, John Smithee)
Minutes: May 18 2021
Senate Committee: Business & Commerce (Kelly Hancock, Charles Schwertner, Donna Campbell, Brandon Creighton, Nathan Johnson, Lois Kolkhorst, José Menéndez, Robert Nichols, Angela Paxton, John Whitmire)
Minutes: March 30 2021 | April 13 2021

Index to Sections Affected

Texas Legislature Online


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