Fabio
110 lines
5.2 KiB
Markdown
110 lines
5.2 KiB
Markdown
---
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type: "Bill"
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title: "Relating to a financing mechanism allowing electric utilities to obtain recovery of costs associated with a weather-related event or other natural disaster; granting authority to issue bonds."
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description: "Relating to a financing mechanism allowing electric utilities to obtain recovery of costs associated with a weather-related event or other natural disaster; granting authority to issue bonds."
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jurisdiction: "us/states/tx"
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legislature: "Texas Legislature"
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session: "89R"
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identifier: "SB 1963"
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citation: "Texas SB 1963 (89R)"
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classification: ["bill"]
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subjects: ["BONDS (S6060)", "Disaster Preparedness & Relief (I0211)", "PUBLIC UTILITY COMMISSION (V0023)", "Utilities--Electric (I0831)"]
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status: "enacted"
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primary_sponsors: ["Creighton", "Metcalf"]
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version_count: 5
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action_count: 47
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vote_count: 4
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first_action: "2025-03-05"
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last_action: "2025-05-19"
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source: "openstates"
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source_identifier: "ocd-bill/15e36e31-799d-4b96-800a-dfde1208554a"
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source_url: "ftp://ftp.legis.state.tx.us/bills/89R/billhistory/senate_bills/SB01900_SB01999/SB 1963.xml"
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source_hash: "076228b8fc62081046faafb585c045217868372b7cea5d7005703217331c4952"
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vintage: "2026-07-01"
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source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
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retrieved_at: "2026-07-06"
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confidence: "reported"
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tags: ["legislation", "bill", "us-tx"]
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---
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# Texas SB 1963 (89R) — Relating to a financing mechanism allowing electric utilities to obtain recovery of costs associated with a weather-related event or other natural disaster; granting authority to issue bonds.
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## Version chain
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The bill's text revisions, in order — the diff chain from filing to enrollment.
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1. **Introduced** (filed) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01963I.HTM)
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2. **Engrossed** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01963E.HTM)
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3. **House Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01963H.HTM)
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4. **Senate Committee Report** (committee substitute) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01963S.HTM)
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5. **Enrolled** (enrolled) — [source](http://capitol.texas.gov/tlodocs/89R/billtext/html/SB01963F.HTM)
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## Votes
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- passage — **27–4** (pass) · upper
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- passage — **117–20** (pass) · lower
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- Senate Rule 7.18 and the Constitutional Rule requiring bills to be read on three several days be suspended and that SB 1963 be placed on its third reading and final passage. — **27–4** (pass) · upper
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- passage — **99–24** (pass) · lower
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## Sponsors
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- Creighton — primary (person)
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- Metcalf — primary (person)
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## Timeline
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The legislative action history — every referral, reading, and vote.
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- **2025-03-05** Received by the Secretary of the Senate `filing, introduction`
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- **2025-03-05** Filed `filing`
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- **2025-03-17** Read first time `introduction, reading-1`
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- **2025-03-17** Referred to Business & Commerce `referral-committee`
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- **2025-04-03** Scheduled for public hearing on . . .
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- **2025-04-03** Considered in public hearing
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- **2025-04-03** Testimony taken in committee
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- **2025-04-03** Left pending in committee
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- **2025-04-08** Considered in public hearing
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- **2025-04-08** Vote taken in committee
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- **2025-04-09** Reported favorably w/o amendments `committee-passage-favorable`
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- **2025-04-09** Committee report printed and distributed
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- **2025-04-22** Placed on intent calendar
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- **2025-04-23** Rules suspended-Regular order of business
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- **2025-04-23** Record vote
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- **2025-04-23** Read 2nd time & passed to engrossment `reading-2`
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- **2025-04-23** Record vote
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- **2025-04-23** Three day rule suspended
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- **2025-04-23** Record vote
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- **2025-04-23** Read 3rd time `reading-3`
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- **2025-04-23** Passed `passage`
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- **2025-04-23** Record vote
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- **2025-04-23** Reported engrossed
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- **2025-04-24** Received from the Senate `introduction`
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- **2025-04-28** Read first time `introduction, reading-1`
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- **2025-04-28** Referred to State Affairs `referral-committee`
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- **2025-04-30** Considered in public hearing
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- **2025-04-30** Reported favorably w/o amendment(s) `committee-passage, committee-passage-favorable`
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- **2025-05-01** Comte report filed with Committee Coordinator `filing`
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- **2025-05-01** Committee report distributed
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- **2025-05-01** Laid out in lieu of companion
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- **2025-05-01** Read 2nd time `reading-2`
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- **2025-05-01** Passed to 3rd reading
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- **2025-05-01** Record vote
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- **2025-05-01** Statement(s) of vote recorded in Journal
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- **2025-05-01** Committee report sent to Calendars
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- **2025-05-02** Read 3rd time `reading-3`
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- **2025-05-02** Passed `passage`
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- **2025-05-02** Record vote
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- **2025-05-02** Statement(s) of vote recorded in Journal
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- **2025-05-05** House passage reported `passage`
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- **2025-05-05** Reported enrolled `enrolled`
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- **2025-05-07** Signed in the Senate `passage`
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- **2025-05-07** Signed in the House `passage`
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- **2025-05-07** Sent to the Governor `executive-receipt`
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- **2025-05-19** Signed by the Governor `executive-signature`
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- **2025-05-19** Effective on 9/1/25 `became-law`
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## Source
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OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/15e36e31-799d-4b96-800a-dfde1208554a`. Confidence: reported (aggregated from official Texas legislature records).
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