The bill establishes the Texas Geothermal Energy Production Policy Council within the commission, aimed at studying and recommending policies for geothermal energy development in Texas. The council will consist of the chair of the commission or their designee, the director of the Bureau of Economic Geology at The University of Texas at Austin or their designee, and up to 11 members appointed by the commission, including representatives from the geothermal energy industry. The council is tasked with studying the development of geothermal energy industries, analyzing potential tax incentives, and developing a state plan for geothermal energy production oversight.
Additionally, the council will make recommendations to the legislature regarding necessary legislative changes for the oversight and regulation of geothermal energy production, pipeline transportation, and storage. The council is set to be abolished, and the section will expire on January 1, 2032. The bill is scheduled to take effect on September 1, 2025.
Statutes affected: Introduced: ()