2023S0247-1 03/06/23
 
  By: Schwertner, King S.B. No. 2010
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to reporting by the market monitor of potential
  manipulation of the wholesale electric market.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 39.1515, Utilities Code, is amended by
  amending Subsection (f) and adding Subsection (i) to read as
  follows:
         (f)  The market monitor immediately shall report in writing 
  directly to both the commission and commission staff all [any]
  potential market manipulations and all [any] discovered or
  potential violations of commission rules or rules of the
  independent organization.
         (i)  On February 1 of each year, the commission shall provide
  a public report that describes for the previous 12 months:
               (1)  the number of instances in which the market
  monitor reported potential market manipulation to the commission or
  commission staff;
               (2)  the laws, regulations, and ERCOT requirements
  alleged to have been violated by the reported entities; and
               (3)  the number of instances reported under Subdivision
  (1) for which the commission or commission staff initiated
  enforcement action.
         SECTION 2.  This Act takes effect September 1, 2023.