SB 1560
power region chief must testify before the budget goes in
Died in committee
Verdict: No flags
Initial review · graded Oct 19, 2026 · Headline, summary and grade are analysis of the bill text, not a finding about any person · How we grade
Caption
relating to the submission to the legislature of financial information of an independent organization certified for a power region.
Caption from analyzed text · version I.
Summary
Public hearing before finance and appropriations committees in each chamber.
The bill requires the chief executive of the independent organization that runs a Texas power region to appear at a public hearing before the finance and appropriations committees of each chamber before sending its yearly budget to the utility commission. At that hearing the executive must present the proposed budget, performance measures, investment strategies, any fee change, strategic plans and their costs, and contracts with outside consultants. Lawmakers get a scheduled public look at the grid operator's money and plans before the commission reviews the budget.
Labels
Labels: NEVER GOT A HEARING. Filed Feb 21, 2025 and referred to the Senate Business & Commerce committee. No public hearing. The bill died.
Receipt
The receipt
89R-SB1560 · 2025-02-21
SOLD BY
ITEM
relating to the submission to the legislature of financial information of an independent organization certified for a power region.
WHAT IT DOES
Public hearing before finance and appropriations committees in each chamber.
The bill requires the chief executive of the independent organization that runs a Texas power region to appear at a public hearing before the finance and appropriations committees of each chamber before sending its yearly budget to the utility commission. At that hearing the executive must present the proposed budget, performance measures, investment strategies, any fee change, strategic plans and their costs, and contracts with outside consultants. Lawmakers get a scheduled public look at the grid operator's money and plans before the commission reviews the budget.
CHARGES
[ ] NONE FOUND
TOTAL
No fiscal note in the loaded record.
HISTORY
- Received by the Secretary of the Senate
- Filed
- Read first time
- Referred to Business & Commerce
FILED UNDER
Beats not yet reviewed.
THANK YOU FOR CHECKING THE RECEIPT
CAMPAIGN PAID FOR BY
CAMPAIGN PAID FOR BY
Donors
Donors report through Texans for Charles Schwertner.
Not tied to this bill.
Sources
The author's campaign account only. Own money and internal transfers are separate on the member page.
Derived itemized flow · Jul 1, 2024 to Oct 24, 2026. State data as of Nov 4, 2026.
Derived itemized contributions on live regular reports and uncovered special-session dates. Internal account transfers and daily reports are excluded.
MoneyMissing data does not establish zero giving. Display amounts are rounded.
Votes
No floor vote loaded for this bill.
Fiscal
No fiscal note in the loaded record.
How this was graded
Analysis of text version I by claude-opus-5-5, Oct 19, 2026, against the published rubric.
Sources
Texas Senate · Filed Feb 21, 2025
03/06/2025 S Referred to Business & Commerce
Texas Legislature Online · Introduced
Data snapshot Oct 26, 2026 at 4:20 AM CDT. Grades, charges, quotes and corrections follow the published record.
Senate committee · Business & Commerce · Final status: Died in committee
Subjects
Utilities--Electric
ELECTRIC RELIABILITY COUNCIL OF TEXAS (ERCOT)
PUBLIC UTILITY COMMISSION
Text
The text as introduced · 252 words
89R9399 CS-D By: Schwertner S.B. No. 1560 A BILL TO BE ENTITLED AN ACT relating to the submission to the legislature of financial information of an independent organization certified for a power region. BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: SECTION 1. Section 39.151, Utilities Code, is amended by adding Subsection (e-2) to read as follows: (e-2) Before an independent organization submits a proposed annual budget to the commission under Subsection (d-1), the chief executive officer of the independent organization shall appear before the standing committee of each house of the legislature with primary jurisdiction over state finance or appropriations in a public hearing to present: (1) the proposed annual budget; (2) proposed performance measures described by Subsection (d-3); (3) an overview of the organization's investment strategies; (4) any proposed change to the amount of a fee under Subsection (e); and (5) information related to: (A) ongoing or future strategic plans, objectives, and projects that may require a change to protocols of the organization, including any associated costs; and (B) current and planned contracts with outside consultants or firms to study or make recommendations to the operations and management of a regional electric network governed by the organization. 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, 2025.