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SENATE JOINT RESOLUTION
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proposing a constitutional amendment to require that funds |
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collected from retail electric customers for the system benefit |
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fund be dedicated for expenditure to provide for bill payment |
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assistance, customer education, and low-income home energy |
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conservation. |
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BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Article XVI, Texas Constitution, is amended by |
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adding Section 73 to read as follows: |
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Section 73. The Legislature shall remit all funds collected |
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from retail electric customers into a dedicated account to fund |
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programs to benefit residential electric customers. All funds |
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received into the account shall be appropriated on a biennium basis |
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to support programs authorized by the Legislature that provide for |
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bill payment assistance, energy conservation and weatherization |
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assistance, and customer education. |
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SECTION 2. This proposed constitutional amendment shall be |
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submitted to the voters at an election to be held November 6, 2007. |
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The ballot shall be printed to permit voting for or against the |
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proposition: "The constitutional amendment to require that the |
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fees collected from residential electric customers for bill payment |
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assistance, weatherization and energy conservation, and customer |
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education shall be used for those purposes and not for general |
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appropriation or taxation." |