By:  Armbrister                                       S.B. No. 1116
         Line and page numbers may not match official copy.
         Bill not drafted by TLC or Senate E&E.
                                A BILL TO BE ENTITLED
 1-1                                   AN ACT
 1-2     relating to the responsibility for and allocation of renewable
 1-3     energy resources by a generation and transmission electric
 1-4     cooperative.
 1-5           BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
 1-6           SECTION 1.  Section 39.904(b), Public Utility Regulatory Act,
 1-7     is amended to read as follows:
 1-8           (b)(1)  The commission shall establish a renewable energy
 1-9     credits trading program.  Any retail electric provider, municipally
1-10     owned utility, or electric cooperative that does not satisfy the
1-11     requirements of Subsection (a) by directly owning or purchasing
1-12     capacity using renewable energy technologies shall purchase
1-13     sufficient renewable energy credits to satisfy the requirements by
1-14     holding renewable energy credits in lieu of capacity from renewable
1-15     energy technologies.
1-16           (2)(A)  At the election of its board of directors, a
1-17     generation and transmission cooperative shall be responsible for
1-18     the cumulative total of its cooperative members' renewable energy
1-19     requirements.
1-20           (B)  The commission shall not require a generation and
1-21     transmission cooperative that makes the election authorized by this
1-22     subsection to allocate its renewable resources between its members
1-23     when such resources are nominated.
 2-1           (C)  This subsection does not affect the cumulative total of
 2-2     renewable energy resources that are the responsibility of a
 2-3     generation and transmission cooperative or its cooperative members
 2-4     in meeting their share of the state's goals for renewable energy
 2-5     resources.
 2-6           SECTION 2.  (a)  This Act takes effect immediately if it
 2-7     receives a vote two-thirds of all the members elected to each
 2-8     house.  If this Act does not receive the vote necessary for
 2-9     immediate effect, this Act takes effect September 1, 2001.