Minutes — Senate Committee on Business & Commerce (March 4, 2021)

Summary

These minutes record a public hearing of the Senate Committee on Business & Commerce on Thursday, March 4, 2021, in the Senate Chamber, called to order at 9:00 AM by the chair, Senator Kelly Hancock. Senator Hancock made opening remarks, and Senator Nichols moved that all testimony be limited to 3 minutes, which was ordered without objection. The chair opened invited testimony to examine the financial impacts to the electric grid and market participants resulting from the extreme cold weather outages. Senator Hancock moved at 1:11 PM that the committee stand recessed subject to the call of the chair.

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MINUTES

SENATE COMMITTEE ON BUSINESS &
COMMERCE

Thursday, March 4, 2021

9:00 AM

Senate Chamber

*****

Pursuant
to a notice posted in accordance with Senate Rule 11.10 and 11.18, a public
hearing of the Senate Committee on Business & Commerce was held on
Thursday, March 4, 2021, in the Senate Chamber.

*****

MEMBERS
 PRESENT: | MEMBERS
 ABSENT:
Senator
 Kelly Hancock, Chair | None
Senator
 Robert Nichols, Vice Chair
Senator
 Donna Campbell
Senator
 Brandon Creighton
Senator
 Nathan Johnson
Senator
 José Menéndez
Senator
 Angela Paxton
Senator
 Charles Schwertner
Senator
 John Whitmire

*****

The
chair called the meeting to order at 9:00 AM. Other members in attendance:
Senator Carol Alvarado, Senator Drew Springer, and Senator Sarah Eckhardt.
There being a quorum present, the following business was transacted:

Senator
Hancock made opening remarks.

Senator
Nichols moved that all testimony be limited to 3 minutes. Without objection, it
was so ordered.

The
Chair opened invited testimony on the following purpose:

The
purpose of this hearing is to examine the financial impacts to the electric
grid and market participants resulting from the extreme cold weather outages
over February 14, 2021 to February 19, 2021

Witnesses
testifying an registering are shown on the attached list.

There
being no further business, at 1:11 PM Senator Hancock moves that the Committee
stand in recessed subject to the call of the chair. Without objection, it was
so ordered.

__________________________________________

Senator
Kelly Hancock, Chair

__________________________________________

Kennedy
Calvo, Clerk

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