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Senate finance committee reviews PUC budget, a proposed $5 billion add to Texas Energy Fund
Summary
The Senate Committee on Finance heard presentations from the Public Utilities Commission of Texas (PUC) on its 2026-27 budget request, including a proposal to transfer an additional $5 billion into the Texas Energy Fund (TEF), staffing increases and technology projects to manage contested cases and outage response.
The Senate Committee on Finance heard the Public Utilities Commission of Texas (PUC) present its baseline and exceptional-item budget requests, including a recommendation to add $5 billion to the Texas Energy Fund, bringing the fund to $10 billion.
The PUC said its budget request totals $5,070,000,000 in all funds, including $68,300,000 in General Revenue-related funds, an increase of $2,700,000 from 2024-25 spending levels. The Legislative Budget Board presenter said the recommendation includes $5,000,000,000 in additional TEF funding and about $1,600,000 to support eight additional full-time…
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