[Follow us on Twitter at @JasonModglin and @EnergyAbsurdity]

In Episode 12 of the Texas Legislative Update, David Blackmon and Jason Modglin, President of the Texas Alliance of Energy Producers, discuss the energy-related events of the week ended April 14, 2023.

It was a week during which the House passed its version of major, $12 billion cut in property taxes, controversy arose over legislation designed clarify the rules of the road for carbon capture and storage, and the House passed a mandating the end to the bi-annual switching to and from Daylight Savings Time that everyone knows Congress will not approve.

We cover all that and more in 30 short minutes.

Topics Discussed:

– Key stat: Only 46 days remain in this 88th session of the Texas Legislature. Once again, the time has flown by.

– House passes $12 billion property tax cut using appraisal caps rather than the Senate approach of expanding the homestead exemption

– Carbon capture legislation

– Incentive bill for refracs

– Electric grid reforms

– Key hearings/Testimony

– Next week preview

– Non-energy topic: House approves bill to stay permanently on Daylight Savings Time –
o must have congressional approval
o Congress has NEVER approved such a request
o Is this just cynical window dressing?

End

 

[Follow us on Twitter at @EnergyAbsurdity and @IPAAaccess]

IPAA is one of the industry’s oldest and most effective national trade associations, representing mainly the interests of small to mid-size independent producers.