How HB 5623 changes current law

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

This bill amends 2 section(s) of the Texas statutes: Section 34.01051, Utilities Code, Section 34.0106(c), Utilities Code.

• Section 34.01051, Utilities Code

  Sec. 34.01051. ENERGY EFFICIENCY LOANS AND GRANTS. (a) The commission may use money in the fund without further appropriation to provide loans or grants for energy efficiency projects that benefit retail electric customers, including residential weatherization, demand reduction, or energy loss prevention projects. (b) The commission by rule shall establish eligibility criteria to receive a loan or grant under this section. (c) The commission may provide a loan or grant under this section to: (1) a retail electric customer; or (2) a nonprofit corporation. (d) Section 35.005(d) does not apply to a loan or grant provided under this section.

  added

• Section 34.0106(c), Utilities Code

  This subsection does not apply to a loan or grant provided under Section 34.01051.

  amended