Tex.
Gov't Code Section 2113.301
Preference for Financing Certain Capital Expenditures with Money Generated by Utility Cost Savings Contract
(a)
In this section:(1)
“State facility purpose” means a purpose related to:(A)
the maintenance of a state-owned or state-leased building or facility; or(B)
a project as defined by Section 2166.001 (Definitions), including a project described by Section 2166.003 (Exceptions).(2)
“Utility cost savings contract” means a contract under Subchapter I (Evaluation of Energy Alternatives), Chapter 2166 (Building Construction and Acquisition and Disposition of Real Property), or other law that guarantees utility cost savings for energy conservation measures to reduce energy or water consumption or to reduce operating costs of governmental facilities.(b)
Before a state agency may use appropriated money to make a capital expenditure for a state facility purpose, the state agency must determine whether the expenditure could be financed with money generated by a utility cost savings contract.(c)
If it is practicable to do so, a state agency that is using appropriated money must finance a capital expenditure for a state facility purpose with money generated by a utility cost savings contract.(d)
If it is not practicable for a state agency that is using appropriated money to finance a capital expenditure for a state facility purpose with money generated by a utility cost savings contract, the state agency must provide justification to the comptroller for the capital expenditure.(e)
In determining under Subsection (b) whether a capital expenditure could be financed by a utility cost savings contract, a state agency must consider whether utility cost savings generated by any department of that agency could be a potential means of financing a capital expenditure for any department of that agency. Money generated by a utility cost savings in one department of a state agency may be used to finance capital expenditures for a state facility purpose in any department of that agency.(f)
This section does not apply to an institution of higher education as defined by Section 61.003 (Definitions), Education Code.(g)
This section does not apply to a capital expenditure for a state facility purpose that requires expeditious action to:(1)
prevent a hazard to life, health, safety, welfare, or property; or(2)
avoid undue additional cost to the state.(h)
Repealed by Acts 2017, 85th Leg., R.S., Ch. 553 (S.B. 526), Sec. 3(b) and Ch. 755 (S.B. 1731), Sec. 13(b), eff. September 1, 2017.
Source:
Section 2113.301 — Preference for Financing Certain Capital Expenditures with Money Generated by Utility Cost Savings Contract, https://statutes.capitol.texas.gov/Docs/GV/htm/GV.2113.htm#2113.301 (accessed Jun. 5, 2024).
