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Enrolled Bill Summary

Enrolled Bill Summary

Legislative Session: 88(R)

Senate Bill 2010

Senate Author:  Schwertner et al.

Effective:  Vetoed

House Sponsor:  Slawson et al.


Senate Bill 2010 amends the Utilities Code to require the report to the Public Utility Commission of Texas (PUC) from the independent market monitor (IMM) for the ERCOT wholesale electric market regarding potential manipulation of the wholesale electric market and discovered or potential violations of PUC or ERCOT rules to include all discovered or potential violations and to require that the IMM's report be provided also to PUC staff. The bill requires the PUC to submit an annual report to the legislature regarding information contained in the IMM's report.

            Governor's Reason for Veto: "While Senate Bill No. 2010 is important, it is simply not as important as cutting property taxes. At this time, the legislature must concentrate on delivering property tax cuts to Texans. This bill can be reconsidered at a future special session only after property tax relief is passed."