Texas · 89th Legislature (2025) · Bill

SB 1963: 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.

Enacted Last action May 19, 2025: Effective on 9/1/25

Plain-language summary

SB 1963 is a bill introduced in the Texas Senate on March 5, 2025. According to its official title, it concerns: 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. Primary sponsor: Creighton, Will Metcalf (Republican). Most recent recorded action (May 19, 2025): Effective on 9/1/25.

Sponsors

Primary sponsors: Creighton; Will Metcalf (Republican).