SB688 • 2025

Allows the Public Utility Commission to adopt a framework for carrying out performance-based regulation of electric companies and use incentives and penalties to induce electric companies to bring electric utility operations in line with the public interest and certain objectives.

Enacted

This bill passed the Legislature and reached final enactment based on the latest official action.

Sponsor: Senator Pham,, Golden, Senator Campos,, Manning Jr,, Meek,, Neron Misslin,, Sollman,, Representative Andersen,, Chotzen,, Gamba,, Marsh,, Nelson,, Sosa,
Last action: 2025-07-25
Official status: Chapter Number Assigned
Effective date: Not listed

Plain English Breakdown

The plain English breakdown is still being put together. The official documents below are already here.

Bill History

2025-07-25 Senate
Chapter 538, 2025 Laws.
2025-07-25 Senate
Effective date, January 1, 2026.
2025-07-17 Senate
Governor signed.
2025-06-27 Senate
President signed.
2025-06-27 House
Speaker signed.
2025-06-26 House
Third reading. Carried by Gamba. Passed. Ayes, 36; Nays, 13--Boice, Boshart Davis, Breese-Iverson, Drazan, Edwards, Elmer, Helfrich, Lewis, Osborne, Scharf, Skarlatos, Smith G, Wright; Excused, 8--Cate, Diehl, Harbick, McIntire, Nguyen H, Reschke, Wallan, Yunker; Excused for Business of the House, 3--Levy B, Mannix, Owens.
2025-06-25 House
Recommendation: Do pass.
2025-06-25 House
Second reading.
2025-06-23 Senate
Third reading. Carried by Pham. Passed. Ayes, 19; Nays, 10--Anderson, Bonham, Hayden, Linthicum, Nash, Robinson, Smith DB, Starr, Thatcher, Weber; Excused, 1--President Wagner.
2025-06-23 Senate
Vote explanation(s) filed by Sollman.
2025-06-23 House
First reading. Referred to Speaker's desk.
2025-06-23 House
Referred to Ways and Means.
2025-06-20 Senate
Second reading.
2025-06-19 Senate
Recommendation: Do pass with amendments to the A-Eng. bill. (Printed B-Eng.)
2025-06-17 Senate
Work Session held.
2025-06-11 Senate
Work Session held.
2025-06-11 Senate
Returned to Full Committee.
2025-05-23 Senate
Assigned to Subcommittee On Natural Resources.
2025-03-27 Senate
Recommendation: Do pass with amendments and be referred to Ways and Means by prior reference. (Printed A-Eng.)
2025-03-27 Senate
Referred to Ways and Means by prior reference.
2025-03-24 Senate
Work Session held.
2025-03-17 Senate
Public Hearing held.
2025-03-12 Senate
Public Hearing held.
2025-01-17 Senate
Referred to Energy and Environment, then Ways and Means.
2025-01-13 Senate
Introduction and first reading. Referred to President's desk.

Official Summary Text

<b>Digest: Allows the PUC to make a framework to reward or penalize power companies based on how well they perform. States how much money the PUC may spend to make the framework. (Flesch Readability Score: 71.0).</b>
[<i>Digest: Allows the PUC to make a framework to reward or penalize power companies based on how well they perform. Gives money to the PUC to make the framework. (Flesch Readability Score: 68.7).</i>]
Allows the Public Utility Commission to adopt a framework for carrying out performance-based regulation of electric companies and use incentives and penalties to induce electric companies to bring electric utility operations in line with the public interest and certain objectives. Declares a public interest for purposes of the Act.
[<i>Appropriates moneys to the commission for implementing performance-based regulations.</i>]
<b>Limits expenditures from certain moneys collected or received by the commission for the purposes of carrying out performance-based regulation of electric companies.</b>
Relating to: Relating to performance-based regulation of electric utilities.
Current location: Chapter Number Assigned