The Energy Question

The Texas Legislative Update Episode 12: Taxes, Carbon, and Daylight Savings Time Shenanigans


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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


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