Senate Notice of Public Hearing — Business & Commerce (October 1, 2024)

Summary

Revised notice of public hearing from the Senate for the Committee on Business & Commerce, Senator Charles Schwertner, Chair, for Tuesday, October 1, 2024, at 9:00 AM. The Senate Business and Commerce Committee will hear invited and public testimony on interim charges titled Managing Texas Sized Growth, Innovative Power Generation, Addressing the Rising Cost of Insurance and Non-Compete Agreements. The Managing Texas Sized Growth charge includes monitoring the implementation of Senate Bill 1699, 88th Legislature, and the Non-Compete Agreements charge covers the impact of the Federal Trade Commission's final rule on non-compete agreements on Texas employers.

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Full text

** REVISION ** SENATE NOTICE
 OF PUBLIC HEARING
COMMITTEE: Business
 & Commerce TIME & DATE: 9:00
 AM, Tuesday, October 1, 2024 PLACE: E1.028
 (Hearing Room) CHAIR: Senator Charles Schwertner
The Senate Business and Commerce Committee will meet on
 Tuesday, October 1, 2024 at 9:00 a.m. to hear invited and public testimony on
 the following interim charges:
Managing Texas Sized Growth: Evaluate the state's ability to keep pace with
 increasing electricity demand related to population growth and energy
 intensive technologies such as electric vehicles and data centers. Recommend
 ways to increase reliability via demand-side response programs. Study ERCOT's
 forecasting methodology and recommend ways to increase transparency. Monitor
 ongoing efforts at the Public Utility Commission related to energy efficiency
 programs and distributed energy resources, including the implementation of
 Senate Bill 1699, 88th Legislature.
Innovative Power Generation: Explore emerging technologies with the potential to add
 new dispatchable power to our electric grid including, but not limited, to
 small modular nuclear reactors, advanced batteries, and new developments in
 hydrogen and geothermal resources. Identify and recommend regulatory and
 policy actions required to deploy emerging technologies within the state's
 electric grid.
Addressing the Rising Cost of Insurance: Assess the impact of rising property and casualty
 insurance costs on Texas property owners, real estate lenders, and commercial
 and industrial development. Identify ways to increase consumer transparency
 to better inform coverage decisions and make recommendations to ensure a
 competitive and affordable insurance market for consumers.
Non-Compete Agreements: Examine the impact of the Federal Trade Commission’s
 final rule on non-compete agreements on Texas employers including, but not
 limited to, contractual exceptions and limitations on independent
 contractors, for-profit and non-profit businesses, and senior executives.
 Identify ways to address balancing legitimate business interests of employers
 while also protecting employment mobility, increasing innovation, and
 fostering new business formation. Report on whether any changes should be
 made to existing law on the criteria, procedures, and remedies on enforcing
 non-compete and alternative agreements.
Public testimony is limited to 2 minutes. If submitting
 written testimony, please provide 20 copies to the clerk with your name on
 each copy.
** See Committee Coordinator for previous versions of the
 schedule **
NOTICE OF ASSISTANCE AT PUBLIC MEETINGS PERSONS WITH DISABILITIES WHO PLAN TO ATTEND THIS MEETING
 AND WHO MAY NEED ASSISTANCE, SUCH AS A SIGN LANGUAGE INTERPRETER OR PERSONAL
 ASSISTIVE LISTENING DEVICES, ARE REQUESTED TO CONTACT THE SENATE COMMITTEE
 COORDINATOR AT 512/463-0070, 72 HOURS PRIOR TO THE MEETING SO APPROPRIATE
 ARRANGEMENTS CAN BE MADE.

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