Legislation: batch D — NY OH OK OR PA RI SC SD TX UT

Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>

legislation/us/states/tx/87/sb-1580.md

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+---
+type: "Bill"
+title: "Relating to the use of securitization by electric cooperatives to address certain weather-related extraordinary costs and expenses and to the duty of electric utility market participants to pay certain amounts owed."
+description: "Relating to the use of securitization by electric cooperatives to address certain weather-related extraordinary costs and expenses and to the duty of electric utility market participants to pay certain amounts owed."
+jurisdiction: "us/states/tx"
+legislature: "Texas Legislature"
+session: "87"
+identifier: "SB 1580"
+citation: "Texas SB 1580 (87)"
+classification: ["bill"]
+subjects: ["BONDS (S6060)", "Disaster Preparedness & Relief (I0211)", "Financial--General (I0365)", "Property Interests--Mortgages & Liens (I0605)", "SECRETARY OF STATE (V0042)", "Utilities--Electric (I0831)"]
+status: "enacted"
+primary_sponsors: ["Hancock", "Paddie"]
+version_count: 5
+action_count: 55
+vote_count: 1
+first_action: "2021-03-11"
+last_action: "2021-06-18"
+source: "openstates"
+source_identifier: "ocd-bill/ee3accaf-d7b3-418e-8cb5-7fd01e590fb2"
+source_url: "ftp://ftp.legis.state.tx.us/bills/87R/billhistory/senate_bills/SB01500_SB01599/SB 1580.xml"
+source_hash: "d4e1e234ee0804a2b5cfb5994576cceb567d0ca131adedd31885f7ddc76eb8f0"
+vintage: "2026-07-01"
+source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
+retrieved_at: "2026-07-06"
+confidence: "reported"
+tags: ["legislation", "bill", "us-tx"]
+---
+
+# Texas SB 1580 (87) — Relating to the use of securitization by electric cooperatives to address certain weather-related extraordinary costs and expenses and to the duty of electric utility market participants to pay certain amounts owed.
+
+## Version chain
+
+The bill's text revisions, in order — the diff chain from filing to enrollment.
+
+1. **Introduced** (filed) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01580I.HTM)
+2. **Engrossed** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01580E.HTM)
+3. **House Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01580H.HTM)
+4. **Senate Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01580S.HTM)
+5. **Enrolled** (enrolled) — [source](http://capitol.texas.gov/tlodocs/87R/billtext/html/SB01580F.HTM)
+
+## Votes
+
+- passage — **144–0** (pass) · lower
+
+## Sponsors
+
+- Hancock — primary (person)
+- Paddie — primary (person)
+- Paxton — cosponsor (person)
+- Seliger — cosponsor (person)
+
+## Timeline
+
+The legislative action history — every referral, reading, and vote.
+
+- **2021-03-11** Received by the Secretary of the Senate `filing`
+- **2021-03-11** Filed `filing`
+- **2021-03-24** Read first time `introduction, reading-1`
+- **2021-03-24** Referred to Business & Commerce `referral-committee`
+- **2021-03-30** Scheduled for public hearing on . . .
+- **2021-03-30** Considered in public hearing
+- **2021-03-30** Testimony taken in committee
+- **2021-03-30** Left pending in committee
+- **2021-04-13** Considered in public hearing
+- **2021-04-15** Reported favorably as substituted `committee-passage-favorable`
+- **2021-04-15** Recommended for local & uncontested calendar
+- **2021-04-15** Committee report printed and distributed
+- **2021-04-19** Co-author authorized
+- **2021-04-27** Placed on intent calendar
+- **2021-04-28** Co-author authorized
+- **2021-04-28** Rules suspended-Regular order of business
+- **2021-04-28** Read 2nd time & passed to engrossment
+- **2021-04-28** Vote recorded in Journal
+- **2021-04-28** Three day rule suspended
+- **2021-04-28** Record vote
+- **2021-04-28** Read 3rd time `reading-3`
+- **2021-04-28** Passed `passage`
+- **2021-04-28** Record vote
+- **2021-04-28** Reported engrossed
+- **2021-04-29** Received from the Senate `introduction`
+- **2021-05-04** Read first time `introduction, reading-1`
+- **2021-05-04** Referred to State Affairs `referral-committee`
+- **2021-05-18** Considered in public hearing
+- **2021-05-18** Reported favorably w/o amendment(s) `committee-passage`
+- **2021-05-20** Comte report filed with Committee Coordinator
+- **2021-05-20** Committee report distributed
+- **2021-05-20** Committee report sent to Calendars
+- **2021-05-20** Considered in Calendars
+- **2021-05-24** Placed on Major State Calendar
+- **2021-05-24** Read 2nd time `reading-2`
+- **2021-05-24** Postponed
+- **2021-05-24** Laid out as postponed business
+- **2021-05-24** Amended `amendment-passage`
+- **2021-05-24** Passed to 3rd reading as amended
+- **2021-05-25** Read 3rd time `reading-3`
+- **2021-05-25** Passed `passage`
+- **2021-05-25** Record vote
+- **2021-05-25** Statement(s) of vote recorded in Journal
+- **2021-05-25** House passage as amended reported
+- **2021-05-28** House amendment(s) laid before the Senate
+- **2021-05-28** Read
+- **2021-05-28** Senate concurs in House amendment(s)
+- **2021-05-28** Record vote
+- **2021-05-28** Senate concurs in House amendment(s)-reported
+- **2021-05-29** Reported enrolled
+- **2021-05-30** Signed in the Senate
+- **2021-05-31** Signed in the House
+- **2021-06-01** Sent to the Governor `executive-receipt`
+- **2021-06-18** Signed by the Governor `executive-signature`
+- **2021-06-18** Effective immediately `became-law`
+
+## Source
+
+OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/ee3accaf-d7b3-418e-8cb5-7fd01e590fb2`. Confidence: reported (aggregated from official Texas legislature records).
+