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A BILL TO BE ENTITLED
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AN ACT
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relating to the use of local government energy savings performance |
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contracts for measures that avoid expected future operating or |
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maintenance costs. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Section 302.001(3), Local Government Code, is |
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amended to read as follows: |
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(3) "Energy savings" means an estimated reduction in |
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net fuel costs, energy costs, water costs, stormwater fees, other |
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utility costs, or related net operating costs from or as compared to |
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an established baseline of those costs, or an estimated amount of |
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avoided expected future operating and maintenance costs. The term |
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does not include an estimated reduction due to a decrease in energy |
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rates that is not derived from increased conservation or reduced |
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usage. |
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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, 2017. |