By: Schwertner  S.B. No. 2268
         (In the Senate - Filed March 11, 2025; March 25, 2025, read
  first time and referred to Committee on Business & Commerce;
  April 16, 2025, reported favorably by the following vote:  Yeas 11,
  Nays 0; April 16, 2025, sent to printer.)
Click here to see the committee vote
 
 
A BILL TO BE ENTITLED
 
AN ACT
 
  relating to disbursement of initial funds under the Texas energy
  fund.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 34.0104(l), Utilities Code, is amended
  to read as follows:
         (l)  The commission may [not] disburse the initial funds for
  a loan under this section after December 31, 2025, if the commission
  determines that market factors necessitate an extension of the
  deadline for disbursement of initial funds. An applicant may
  request disbursement of initial funds after December 31, 2025. The
  commission shall approve or deny the request on a case-by-case
  basis.
         SECTION 2.  This Act takes effect September 1, 2025.
 
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