03.07.2014 Views

Highlights 77th Texas Legislature - Senate

Highlights 77th Texas Legislature - Senate

Highlights 77th Texas Legislature - Senate

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

______________________________<br />

Prohibits a provider from disconnecting natural gas service to a residential customer:<br />

UTILITIES<br />

77 th <strong>Texas</strong> <strong>Legislature</strong><br />

• on a weekend day unless personnel of the provider are available on that day to take payments and<br />

reconnect service; or<br />

• during an extreme weather emergency.<br />

Requires the provider to defer collection of the full payment of bills that are due during an extreme weather<br />

emergency until after the emergency is over and to work with customers to establish a payment schedule<br />

for deferred bills.<br />

<strong>Texas</strong> Energy Assistance Loan Program - H.B. 2839<br />

by Representative Dukes<br />

<strong>Senate</strong> Sponsor: Senator Carona<br />

Establishes the <strong>Texas</strong> Energy Assistance Loan Program to provide financing incentives to make energy<br />

efficiency improvements to an existing structure or piece of agricultural equipment, or to purchase an<br />

energy-efficient home. Authorizes the State Energy Conservation Office of the Comptroller of Public<br />

Accounts to implement the program.<br />

Bonds and Other Securities Issuance and River Authorities - H.B. 3357<br />

by Representative Kuempel<br />

<strong>Senate</strong> Sponsor: Senator Armbrister<br />

Currently, the board of directors of a river authority engaged in the distribution and sale of electric energy is<br />

authorized to create a nonprofit corporation to act on its behalf. This nonprofit corporation may issue bonds<br />

and public securities; however the time necessary to develop suitable credit ratings for the issuance of<br />

bonds and other securities limits their ability to lower interest rates and marketability in a timely manner.<br />

Authorizes a river authority to guarantee with its own assets public securities and other obligations of a<br />

nonprofit corporation.<br />

<strong>Senate</strong> Research Center 315

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!