SRC-JEC, LBB C.S.H.B. 1948 78(R)BILL ANALYSIS Senate Research CenterC.S.H.B. 1948 By: Baxter (Fraser) State Affairs 5/13/2003 Committee Report (Substituted) DIGEST AND PURPOSE The electric utility restructuring legislative oversight committee was created to oversee the implementation of S.B. 7 from the 76th Legislature. Currently, the chairs of the Senate Committee on Economic Development and the House Committee on State Affairs serve as the co-chairs of the electric utility restructuring legislative oversight committee. With structural changes in the house of representatives and the senate, responsibility for oversight of S.B. 7 has moved. C.S.H.B. 1948 requires the lieutenant governor to appoint three members from the senate. It also requires one senator and the chair of the House Committee on Regulated Industries to serve as the joint chairs of the of the electric utility restructuring legislative oversight committee. RULEMAKING AUTHORITY This bill does not expressly grant any additional rulemaking authority to a state officer, institution, or agency. SECTION BY SECTION ANALYSIS SECTION 1. Amends Section 39.907, Utilities Code, by amending Subsection (b), and adding Subsection (h), as follows: (b) Provides that the electric utility restructuring legislative oversight committee (committee) is composed of six members. Requires the chair of the House Committee on Regulated Industries, rather than State Affairs, to serve as one member of the committee, and three, rather than two, members of the senate appointed by the lieutenant governor to serve on the committee. Deletes the requirement that the chair of the Senate Committee on Economic Development serve on the committee and the requirement that the chairs of the Senate Committee on Economic Development and the House Committee on State Affairs serve as joint chairs of the committee. (h) Requires the chair of the House Committee on Regulated Industries and one of the members of the senate serving on the committee, designated by the lieutenant governor, to serve as joint chairs of the committee. SECTION 2. Effective date: upon passage or September 1, 2003.