reglab/housing_qa huggingface dataset:
TX Util § 39.652 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.652. Definitions

Sec. 39.652.  DEFINITIONS.  In this subchapter:(1)  "Independent organization" means the independent organization certified under Section 39.151 for the ERCOT power region.(2)  "Load-serving entity" means a municipally owned utility, an electric cooperative, or a retail electric provider.(3)  "Period of emergency" means the period beginning 12:01 a.m., February 12, 2021, and ending 11:59 p.m., February 20, 2021.(4)  "Uplift balance" means an amount of money of not more than $2.1 billion that was uplifted to load-serving entities on a load ratio share basis due to energy consumption during the period of emergency for reliability deployment price adder charges and ancillary services costs in excess of the commission's system-wide offer cap, excluding amounts securitized under Subchapter D, Chapter 41.  The term does not include amounts that were part of the prevailing settlement point price during the period of emergency.(5)  "Uplift charges" means charges assessed to load-serving entities to repay amounts financed under this subchapter to pay the uplift balance and reasonable costs incurred by a state agency or the independent organization to implement a debt obligation order under Section 39.653, 39.654, or 39.655, including the cost of retiring or refunding existing debt.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.654 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.654. Commission-Authorized Financing

Sec. 39.654.  COMMISSION-AUTHORIZED FINANCING.  (a)  The commission may contract with another state agency with expertise in public financing to establish a debt financing mechanism to finance the payment of the uplift balance under an order that meets the requirements of Section 39.653.(b)  The contracted state agency and any issuer must be a party to the commission's proceedings that address the issuance of an order along with the independent organization.(c)  In addition to the other applicable requirements of this subtitle, an order issued under this section must:(1)  require the sale, assignment, or other transfer to the contracted state agency of uplift charges created by the order and, following that sale, assignment, or transfer, require that uplift charges paid under any order be created, assessed, and collected as the property of the contracted state agency, subject to subsequent sale, assignment, or transfer by the contracted state agency as authorized under this subchapter;(2)  authorize:(A)  the issuance of debt obligations by the contracted state agency secured by a pledge of uplift charge revenue, and the application of the proceeds of those debt obligations, net of issuance costs, to the independent organization; or(B)  the acquisition of uplift charge revenue from the independent organization by the contracted state agency, financed:(i)  by a loan by an issuer to the contracted state agency of the proceeds of debt obligations, net of issuance costs; or(ii)  by the acquisition by an issuer from the contracted state agency of the uplift charge revenue and in each case the pledge of the revenue to the repayment of the loan or debt obligations, as applicable; and(3)  authorize the independent organization to serve as collection agent to collect the uplift charges and transfer the collected uplift charges to the contracted state agency or the issuer, as appropriate.(d)  After issuance of the order, the contracted state agency shall arrange for the issuance of debt obligations, as specified by the order, by the contracted state agency or another issuer selected by the contracted state agency and approved by the commission.(e)  Debt obligations issued pursuant to an order issued under this section are secured only by the uplift charge revenue and any other funds pledged under the bond documents.  No assets of the state or the independent organization are subject to claims by the holders of the debt obligations.  Following assignment of the uplift charge revenue, the independent organization does not have any beneficial interest or claim of right in the revenue.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.655 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.655. Other Financial Mechanism

Sec. 39.655.  OTHER FINANCIAL MECHANISM.  The commission may use a financial mechanism other than the mechanisms described by Sections 39.653 and 39.654 that meets the requirements of this subchapter to accomplish the purposes of this subchapter.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.656 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.656. Uplift Charges Nonbypassable

Sec. 39.656.  UPLIFT CHARGES NONBYPASSABLE.  An order issued under Section 39.653, 39.654, or 39.655 must:(1)  include terms ensuring that the imposition and collection of uplift charges authorized in the order shall be nonbypassable, except for entities excluded under Section 39.653(d); and(2)  authorize the independent organization to establish appropriate fees and other methods for pursuing amounts owed from entities exiting the wholesale market.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.657 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.657. True-Up

Sec. 39.657.  TRUE-UP.  An order shall include a mechanism requiring that uplift charges be reviewed and adjusted at least annually, not later than the 45th day after the anniversary date of the issuance of the debt obligations, to:(1)  correct over-collections or under-collections over the preceding 12 months; and(2)  ensure the expected recovery of amounts sufficient to timely provide all payments of debt service and other required amounts and charges in connection with the debt obligations.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.658 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.658. Tax Exemption

Sec. 39.658.  TAX EXEMPTION.  Transactions involving the transfer and ownership of uplift property and the receipt of uplift charges are exempt from state and local income, sales, franchise, gross receipts, and other taxes or similar charges.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.659 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.659. Severability

Sec. 39.659.  SEVERABILITY.  Effective on the date the first debt obligations are issued under this subchapter, if any provision in this title or portion of this title is held to be invalid or is invalidated, superseded, replaced, repealed, or expires for any reason, that occurrence does not affect the validity or continuation of this subchapter or any other provision of this title that is relevant to the issuance, administration, payment, retirement, or refunding of debt obligations or to any actions of the independent organization, its successors, an assignee, a collection agent, or a financing party, which shall remain in full force and effect.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.660 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.660. Customer Charges

Sec. 39.660.  CUSTOMER CHARGES.  All load-serving entities that receive offsets to specific uplift charges from the independent organization under this subchapter must adjust customer invoices to reflect the offsets for any charges that were or would otherwise be passed through to customers under the terms of service with the load-serving entity, including by providing a refund for any offset charges that were previously paid.  An electric cooperative, including an electric cooperative that elects to receive offsets, shall not otherwise become subject to rate regulation by the commission and receipt of offsets does not affect the applicability of Chapter 41 to an electric cooperative.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.661 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.661. Enforcement

Sec. 39.661.  ENFORCEMENT.  The commission may use any enforcement mechanism established by Chapter 15 or this chapter, including revocation of certification by the commission, against any entity that fails to remit excess receipts from the uplift balance financing under Section 39.653(e) or otherwise misappropriates or misuses amounts received from the uplift balance financing this subchapter.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.662 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.662. Property Rights

Sec. 39.662.  PROPERTY RIGHTS.  (a)  The rights and interests of the independent organization or its successor under a debt obligation order issued under this subchapter, including the right to impose, collect, and receive uplift charges authorized in a debt obligation order under this subchapter, shall be only contract rights until they are first transferred to an assignee or pledged in connection with the issuance of a financing agreement entered into under Section 39.654(a) or the issuance of debt obligations, at which time they will become uplift property, as described by Subsection (b).(b)  Uplift property shall constitute a present property right for purposes of contracts concerning the sale or pledge of property, even though the imposition and collection of uplift charges depends on further acts of the independent organization or others that have not yet occurred.  A debt obligation order issued under this subchapter shall remain in effect and the property shall continue to exist for the same period as the pledge of the state described by Section 39.663.(c)  All revenues and collections resulting from uplift charges shall constitute proceeds only of the uplift property arising from the debt obligation order.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.663 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.663. Pledge of State

Sec. 39.663.  PLEDGE OF STATE.  Debt obligations issued pursuant to this subchapter, including any bonds, are not a debt or obligation of the state and are not a charge on its full faith and credit or taxing power.  The state pledges, however, for the benefit and protection of financing parties and the independent organization that it will not take or permit any action that would impair the value of uplift property, or reduce, alter, or impair the uplift charges to be imposed, collected, and remitted to financing parties, until the principal, interest and premium, and any other charges incurred and contracts to be performed in connection with the related debt obligations have been paid and performed in full.  Any party issuing a debt obligation under this subchapter is authorized to include this pledge in any documentation relating to the obligation.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.664 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter N. Winter Storm Uri Uplift Financing|Section 39.664. Legal Actions Involving Pricing or Uplift Actions

Sec. 39.664.  LEGAL ACTIONS INVOLVING PRICING OR UPLIFT ACTIONS.  A load-serving entity that receives proceeds from the financing under this subchapter shall return an amount of the proceeds equal to any amount of money received by the entity due to litigation seeking judicial review of pricing or uplift actions taken by the commission or the independent organization in connection with the period of emergency.|Added by Acts 2021, 87th Leg., R.S., Ch. 908 (H.B. 4492), Sec. 5, eff. June 16, 2021.|
TX Util § 39.9016 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter Z. Miscellaneous Provisions|Section 39.9016. Nuclear Safety Fee

Sec. 39.9016.  NUCLEAR SAFETY FEE.  An electric utility that operates a nuclear asset located in a county on the coast of the Gulf of Mexico shall pay a nuclear safety fee for the year 2000 and the year 2001 to each taxing unit in which the nuclear asset is located, other than a school district, in an amount equal to the difference between the ad valorem taxes imposed by the taxing unit in 1999 and the amount of ad valorem taxes imposed by the unit in the year for which the fee is due, except that the amount of the fee may not exceed one-half the taxes imposed on the asset by the unit in 1999.  The nuclear safety fee shall be considered a tax or fee under Section 39.258(5).|Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.|
TX Util § 39.902 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter Z. Miscellaneous Provisions|Section 39.902. Customer Education

Sec. 39.902.  CUSTOMER EDUCATION.  (a)  On or before January 1, 2001, the commission shall develop and implement an educational program to inform customers, including low-income and non-English-speaking customers, about changes in the provision of electric service resulting from the opening of the retail electric market and the customer choice pilot program under this chapter.  The educational program shall be neutral and nonpromotional and shall provide customers with the information necessary to make informed decisions relating to the source and type of electric service available for purchase and other information the commission considers necessary.  The educational program shall inform customers of their rights and of the protections available through the commission and the office.  The educational program may not duplicate customer information efforts undertaken by retail electric providers or other private entities.  The educational program may not be targeted to areas served by municipally owned utilities or electric cooperatives that have not adopted customer choice.  In planning and implementing this program, the commission shall consult with the office, with the Texas Department of Housing and Community Affairs, and with customers of and providers of retail electric service.  The commission may enter into contracts for professional services to carry out the customer education program.(b)  Repealed by Acts 2011, 82nd Leg., R.S., Ch. 1083, Sec. 25(162), eff. June 17, 2011.(c)  After the opening of the retail electric market, the commission shall conduct ongoing customer education designed to help customers make informed choices of electric services and retail electric providers.  As part of ongoing education, the commission may provide customers information concerning specific retail electric providers, including instances of complaints against them and records relating to quality of customer service.|Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1083 (S.B. 1179), Sec. 25(162), eff. June 17, 2011.|
TX Util § 39.9025 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter Z. Miscellaneous Provisions|Section 39.9025. Home Electric Energy Reports

Sec. 39.9025.  HOME ELECTRIC ENERGY REPORTS.  The commission may encourage retail electric providers to deliver individualized home electric energy reports to educate consumers about electric energy use and energy efficiency to assist consumers to use energy more efficiently.|Added by Acts 2007, 80th Leg., R.S., Ch. 939 (H.B. 3693), Sec. 21, eff. September 1, 2007.|For expiration of this section, see Subsection (m).
TX Util § 39.9048 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter Z. Miscellaneous Provisions|Section 39.9048. Natural Gas Fuel

Sec. 39.9048.  NATURAL GAS FUEL.  It is the intent of the legislature that:(1)  the cost of generating electricity remain as low as possible;  and(2)  the state establish and publicize a program to keep the costs of fuel, such as natural gas, used for generating electricity low.|Added by Acts 1999, 76th Leg., ch. 405, Sec. 39, eff. Sept. 1, 1999.|
TX Util § 39.9051 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter Z. Miscellaneous Provisions|Section 39.9051. Energy Efficiency for Municipally Owned Utilities

Sec. 39.9051.  ENERGY EFFICIENCY FOR MUNICIPALLY OWNED UTILITIES.  (a)  In this section, "municipally owned utility" has the meaning assigned by Section 11.003.(b)  This section applies only to a municipally owned utility that had retail sales of more than 500,000 megawatt hours in 2005.(c)  It is the goal of the legislature that:(1)  municipally owned utilities will administer energy savings incentive programs;(2)  customers of a municipally owned utility will have a choice of and access to energy efficiency alternatives that allow customers to reduce energy consumption, peak demand, or energy costs; and(3)  each municipally owned utility will provide incentives sufficient for municipally owned utilities to acquire additional cost-effective energy efficiency.(d)  The governing body of a municipally owned utility shall provide oversight and adopt rules and procedures, as necessary, to ensure that the utility can achieve the goal of this section.(e)  If a municipally owned utility adopts customer choice by decision of the governing body under Chapter 40, the commission shall provide oversight and adopt rules and procedures, as necessary, to ensure that the municipally owned utility can achieve the goal in this section in a market-neutral, nondiscriminatory manner.  The commission shall, to the extent possible, include existing energy efficiency programs already adopted by the municipally owned utility.(f)  Beginning April 1, 2012, a municipally owned utility must report each year to the State Energy Conservation Office, on a standardized form developed by the office, information regarding the combined effects of the energy efficiency activities of the utility from the previous calendar year, including the utility's annual goals, programs enacted to achieve those goals, and any achieved energy demand or savings goals.(g)  The State Energy Conservation Office shall provide the reports made under Subsection (f) to the Energy Systems Laboratory at the Texas Engineering Experiment Station of The Texas A&M University System.  The laboratory shall calculate the energy savings and estimated pollution reductions that resulted from the reported activities.(h)  The energy systems laboratory shall share the results of the analysis with the Public Utility Commission of Texas, ERCOT, the United States Environmental Protection Agency, and the Texas Commission on Environmental Quality.|Added by Acts 2007, 80th Leg., R.S., Ch. 939 (H.B. 3693), Sec. 23, eff. September 1, 2007.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1068 (S.B. 924), Sec. 1, eff. September 1, 2011.|
TX Util § 39.9052 (2021)
2021 Texas Statutes|Utilities Code|Title 2 - Public Utility Regulatory Act|Subtitle B - Electric Utilities|Chapter 39 - Restructuring of Electric Utility Industry|Subchapter Z. Miscellaneous Provisions|Section 39.9052. Energy Efficiency for Electric Cooperatives

Sec. 39.9052.  ENERGY EFFICIENCY FOR ELECTRIC COOPERATIVES.  (a)  An electric cooperative shall consider adopting and implementing energy efficiency programs that reduce the cooperative's annual growth in demand in a manner consistent with standards established in the state for other utilities.(b)  Beginning April 1, 2012, an electric cooperative that had retail sales of more than 500,000 megawatt hours in 2005 must report each year to the State Energy Conservation Office, on a standardized form developed by the office, information regarding the combined effects of the energy efficiency activities of the electric cooperative from the previous calendar year, including the electric cooperative's annual goals, programs enacted to achieve those goals, and any achieved energy demand or savings goals.(c)  The State Energy Conservation Office shall provide the reports made under Subsection (b) to the Energy Systems Laboratory at the Texas Engineering Experiment Station of The Texas A&M University System.  The laboratory shall calculate the energy savings and estimated pollution reductions that resulted from the reported activities.(d)  The energy systems laboratory shall share the results of the analysis with the Public Utility Commission of Texas, ERCOT, the United States Environmental Protection Agency, and the Texas Commission on Environmental Quality.|Added by Acts 2007, 80th Leg., R.S., Ch. 939 (H.B. 3693), Sec. 23, eff. September 1, 2007.Amended by: Acts 2011, 82nd Leg., R.S., Ch. 1068 (S.B. 924), Sec. 2, eff. September 1, 2011.|