HJR218 - Proposing a constitutional amendment to authorize the use of money from the Texas energy fund for energy efficiency projects conducted to benefit retail electric customers.

  89R23685 CS-F     By: Y. Davis of Dallas H.J.R. No. 218     Substitute the following for H.J.R. No. 218:     By:  King C.S.H.J.R. No. 218       A JOINT RESOLUTION   proposing a constitutional amendment to authorize the use of money   from the Texas energy fund for energy efficiency projects conducted   to benefit retail electric customers.          BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Section 49-q(b), Article III, Texas   Constitution, is amended to read as follows:          (b)  As provided by general law, money in the Texas energy   fund may be administered and used, without further appropriation,   only by the Public Utility Commission of Texas or that commission's   successor in function to provide loans and grants to any entity to   finance or incentivize the construction, maintenance,   modernization, and operation of electric generating facilities,   including associated infrastructure, necessary to ensure the   reliability or adequacy of an electric power grid in this state and   to finance energy efficiency projects conducted to benefit retail   electric customers .  The commission shall allocate money from the   fund for loans and grants to eligible projects:                (1)  for electric generating facilities that serve as   backup power sources; and                (2)  in each region of the state that is part of an   electric power grid in proportion to that region's load share.          SECTION 2.  This proposed constitutional amendment shall be   submitted to the voters at an election to be held November 4, 2025.   The ballot shall be printed to permit voting for or against the   proposition: "The constitutional amendment to authorize the use of   money in the Texas energy fund for energy efficiency projects that   benefit retail electric customers."