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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 78(R)

HOUSE BILL 2528  

HOUSE AUTHOR: Madden

EFFECTIVE: 06-20-03         

SENATE SPONSOR: Fraser

House Bill 2528 amends the Education and Local Government codes to allow school districts to participate in forming a political subdivision corporation that will act as an agent on their behalf to negotiate the purchase of electricity from an electric utility that has implemented customer choice. The bill makes this option available for school district contracts valued at $25,000 or more per 12-month period if that option provides the best value among all the options available.