 |
|
| Events Jobs Contact Migration Stats Supplier Lists Municipal Aggregation |
|
Texas House Passes, On 2nd Reading, $2 Billion 'Weatherization' Funding Bill
May 03,2021 The Texas House has passed on second reading HB 2000, and related HJR 2, which would create the State Utilities Reliability Fund (SURF) to serve as an infrastructure funding source and provide funding to certain entities for weatherization, with funding of up to $2 billion HB 2000 was passed to engrossment as amended. It is still subject to third reading and a final vote While HB 2000 itself does not appropriate money, two contingency riders, one for $2 billion from the Economic Stabilization Fund and one for $2 billion from federal funds, were placed in Art. 11 of the House-passed version of SB 1, the general appropriations act for fiscal 2022-23, to implement the bill. Several amendments were adopted. Text of the amended bill was not immediately available. Per an HRO analysis of the committee-recommended bill, funds under SURF could be used only to: enhance the reliability and resiliency of water, electric, and natural gas utilities, broadband providers, and power generation companies by supporting projects, including projects to weatherize facilities, to provide resilience and continuous service during periods of high demand Per an HRO analysis of the committee-recommended bill, the fund could not be used to subsidize or finance the construction of electric generation facilities. HB 2000 would be implemented via constitutional amendment (HJR 2), and thus requires the approval of voters in November
|
Advertise here: Email retailenergyx@gmail.com |
|
Events
Jobs
Contact
Migration Stats
Supplier Lists
Municipal Aggregation
About
Disclaimer
Privacy
Terms of Service
Home |
Developed by: Avidweb Technologies inc. |