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          AN ACT
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        relating to a review of cost savings to state agencies and  | 
      
      
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        institutions of higher education under energy savings performance  | 
      
      
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        contracts. | 
      
      
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               BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: | 
      
      
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               SECTION 1.  Section 51.927, Education Code, is amended by  | 
      
      
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        adding Subsection (l) to read as follows: | 
      
      
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               (l)  The guidelines established under Subsection (i) must  | 
      
      
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        require the Texas Higher Education Coordinating Board to: | 
      
      
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                     (1)  review any reports submitted to the board that  | 
      
      
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        measure and verify cost savings to an institution of higher  | 
      
      
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        education under an energy savings performance contract; and | 
      
      
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                     (2)  based on the reports, provide an analysis, on a  | 
      
      
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        periodic basis, of the cost savings under the energy savings  | 
      
      
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        performance contract to the governing board of the institution of  | 
      
      
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        higher education and the Legislative Budget Board until the  | 
      
      
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        governing board of the institution of higher education determines  | 
      
      
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        that the analysis is no longer required to accurately measure cost  | 
      
      
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        savings. | 
      
      
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               SECTION 2.  Section 2166.406, Government Code, is amended by  | 
      
      
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        adding Subsection (l) to read as follows: | 
      
      
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               (l)  The guidelines adopted under Subsection (i) must  | 
      
      
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        require the State Energy Conservation Office to: | 
      
      
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                     (1)  review any reports submitted to the office that  | 
      
      
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        measure and verify cost savings to a state agency under an energy  | 
      
      
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        savings performance contract; and | 
      
      
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                     (2)  based on the reports, provide an analysis, on a  | 
      
      
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        periodic basis, of the cost savings under the energy savings  | 
      
      
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        performance contract to the state agency and the Legislative Budget  | 
      
      
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        Board until the state agency determines that the analysis is no  | 
      
      
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        longer required to accurately measure cost savings. | 
      
      
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               SECTION 3.  This Act takes effect immediately if it receives  | 
      
      
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        a vote of two-thirds of all the members elected to each house, as  | 
      
      
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        provided by Section 39, Article III, Texas Constitution.  If this  | 
      
      
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        Act does not receive the vote necessary for immediate effect, this  | 
      
      
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        Act takes effect September 1, 2013. | 
      
      
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        ______________________________ | 
        ______________________________ | 
      
      
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           President of the Senate | 
        Speaker of the House      | 
      
      
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               I hereby certify that S.B. No. 533 passed the Senate on  | 
      
      
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        March 27, 2013, by the following vote:  Yeas 30, Nays 0. | 
      
      
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        ______________________________ | 
      
      
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        Secretary of the Senate     | 
      
      
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               I hereby certify that S.B. No. 533 passed the House on  | 
      
      
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        May 20, 2013, by the following vote:  Yeas 147, Nays 0, two  | 
      
      
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        present not voting. | 
      
      
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        ______________________________ | 
      
      
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        Chief Clerk of the House    | 
      
      
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        Approved: | 
      
      
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        ______________________________  | 
      
      
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                    Date | 
      
      
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        ______________________________  | 
      
      
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                  Governor |