S.B. No. 1929
 
 
 
 
AN ACT
  relating to the registration of virtual currency mining facilities
  in the ERCOT power region that demand a large load of interruptible
  power.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Subchapter H, Chapter 39, Utilities Code, is
  amended by adding Section 39.360 to read as follows:
         Sec. 39.360.  LARGE FLEXIBLE LOAD REGISTRATION.  (a)  In this
  section:
               (1)  "Virtual currency" has the meaning assigned by
  Section 12.001, Business & Commerce Code.
               (2)  "Virtual currency mining facility" means a
  facility that uses electronic equipment to add virtual currency
  transactions to a distributed ledger.
         (b)  The commission by rule shall require a person operating
  a virtual currency mining facility who enters into an agreement for
  retail electric service in the ERCOT power region to register the
  facility receiving service as a large flexible load under this
  section if:
               (1)  the facility requires a total load of more than 75
  megawatts; and
               (2)  the facility load is interruptible.
         (c)  The rules must require a person described by Subsection
  (b) to:
               (1)  register the large flexible load with the
  commission not later than one business day after the date the
  agreement begins; and
               (2)  provide the commission with:
                     (A)  the location of the facility; and
                     (B)  the anticipated demand from the facility for
  the five-year period beginning on the date of the registration.
         (d)  The commission by rule shall:
               (1)  adopt criteria for determining whether a load is
  interruptible for the purposes of this section based on whether it
  is possible for the facility operator to choose to interrupt the
  load; and
               (2)  establish a method to ensure compliance with this
  section.
         (e)  The commission may share with an independent
  organization certified under Section 39.151 registration
  information received under this section.
         SECTION 2.  This Act takes effect September 1, 2023.
 
 
 
 
 
  ______________________________ ______________________________
     President of the Senate Speaker of the House     
 
         I hereby certify that S.B. No. 1929 passed the Senate on
  April 12, 2023, by the following vote: Yeas 31, Nays 0; and that
  the Senate concurred in House amendments on May 27, 2023, by the
  following vote: Yeas 30, Nays 1.
 
 
  ______________________________
  Secretary of the Senate    
 
         I hereby certify that S.B. No. 1929 passed the House, with
  amendments, on May 22, 2023, by the following vote: Yeas 140,
  Nays 5, one present not voting.
 
 
  ______________________________
  Chief Clerk of the House   
 
 
 
  Approved:
 
  ______________________________ 
              Date
 
 
  ______________________________ 
            Governor