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

In Episode 9 of the Texas Legislative Update, David Blackmon and Jason Modglin, President of the Texas Alliance of Energy Producers, discuss the major events in Austin for the week ended March 24, 2023.

Topics discussed include:

– Jason’s two days in Washington, DC on March 21 and 22;

– HB 1500, the Sunset bill related to the Public Utilities Commission;

– The unanimous vote in the Senate to approve its a $16.5 billion property tax reduction bill;

– The House also advanced its own version of property tax reform;

– Movement on Senate Bill 28, which would set up a ballot resolution to approve an updated Texas Water Fund dedicating billions to funding new sources of fresh water supplies for the state in the coming decades;

– Progress was also made on bills by Senator Robert Nichols and Rep. Greg Bonnen that are designed to promote and enable carbon capture projects in Texas;

March 24 represents the halfway point in the 140-day legislative session. Things will only heat up from here, so stay tuned and join David and Jason again on Friday, March 31.

Enjoy.

[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.