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A BILL TO BE ENTITLED
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AN ACT
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relating to the establishment of a residential energy efficiency |
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loan program. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Chapter 388, Health and Safety Code, is amended |
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by adding Section 388.013 to read as follows: |
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Sec. 388.013. ENERGY EFFICIENCY LOAN PROGRAM. (a) The |
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comptroller and the State Energy Conservation Office by rule shall |
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establish and administer a self-sustaining program that issues |
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loans to be used for improvements that increase the energy |
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efficiency of residences that are not newly constructed. |
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(b) Rules adopted under this section must establish |
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eligibility requirements for receipt of a loan issued under this |
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section, including energy savings cost-effectiveness criteria. |
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(c) The State Energy Conservation Office annually shall |
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evaluate the effectiveness of the program established under this |
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section and quantify energy savings realized as a result of the |
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program. |
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(d) Money from the general revenue fund may not be |
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appropriated for the purpose of implementing the program |
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established under this section. |
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SECTION 2. 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, 2015. |