Texas § 39.161 CHARGES FOR CERTAIN MARKET PARTICIPANTS.

Texas Statutes

§ 39.161 — CHARGES FOR CERTAIN MARKET PARTICIPANTS.

Texas § 39.161

Code UTUtilities Code

This text of Texas § 39.161 (CHARGES FOR CERTAIN MARKET PARTICIPANTS.) is published on Counsel Stack Legal Research, covering Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Tex. Utilities Code Code Ann. § 39.161 (2026).

Text

Sec. 39.161. CHARGES FOR CERTAIN MARKET PARTICIPANTS. Notwithstanding any other law, no default or uplift charge or repayment may be allocated to or collected from a market participant that:

(1)otherwise would be subject to an uplift charge solely as a result of acting as a central counterparty clearinghouse in wholesale market transactions in the ERCOT power region; and

(2)is regulated as a derivatives clearing organization, as defined by the Commodity Exchange Act (7 U.S.C. Section 1a).

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Sec. 39.161. CHARGES FOR CERTAIN MARKET PARTICIPANTS. Notwithstanding any other law, no default or uplift charge or repayment may be allocated to or collected from a market participant that:
(1) otherwise would be subject to an uplift charge solely as a result of acting as a central counterparty clearinghouse in wholesale market transactions in the ERCOT power region; and
(2) is regulated as a derivatives clearing organization, as defined by the Commodity Exchange Act (7 U.S.C. Section 1a).

Legislative History

Added by Acts 2021, 87th Leg., R.S., Ch. 950 (S.B. 1580 ), Sec. 3, eff. June 18, 2021. Redesignated from Utilities Code, Section 39.159 by Acts 2023, 88th Leg., R.S., Ch. 768 (H.B. 4595 ), Sec. 22.003(b), eff. September 1, 2023.