| |
| |
|
|
A BILL TO BE ENTITLED
|
|
|
AN ACT
|
|
|
relating to the governing body of the independent organization |
|
|
certified to manage the ERCOT power region. |
|
|
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
|
|
SECTION 1. Section 39.151, Utilities Code, is amended by |
|
|
adding Subsections (g-2) and (g-3) to read as follows: |
|
|
(g-2) To qualify to serve as a member of the governing body |
|
|
under Subsection (g)(4), (5), (6), or (7), a person must be a |
|
|
resident of this state. |
|
|
(g-3) To maintain certification as an independent |
|
|
organization under this section, an organization's chief executive |
|
|
officer must be a resident of this state. |
|
|
SECTION 2. This Act takes effect immediately if it receives |
|
|
a vote of two-thirds of all the members elected to each house, as |
|
|
provided by Section 39, Article III, Texas Constitution. If this |
|
|
Act does not receive the vote necessary for immediate effect, this |
|
|
Act takes effect September 1, 2021. |