89th Legislature, Regular Session
HB 4859
Relating to the allocation of money in the Texas Energy Fund.
Introduced
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- Passed House
- Passed Senate
- To Governor
- Became Law
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89R15682 CS-D By: Reynolds H.B. No. 4859 A BILL TO BE ENTITLED AN ACT relating to the allocation of money in the Texas Energy Fund. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 34.0106, Utilities Code, is amended by adding Subsection (f) to read as follows: (f) Notwithstanding any other law, the commission may not allocate more than $5 billion from the fund to provide loans or grants under Section 34.0104 or 34.0105 until the maximum amount of money from the fund allowed under Subsections (e)(1) and (3) has been allocated to provide: