Relating to disbursement of initial funds under the Texas Energy Fund.

HB 4632 would have amended Texas Utilities Code to allow the Public Utility Commission to disburse initial funds for loans under the Texas Energy Fund after December 31, 2025, if market conditions require an extension. It would have permitted applicants to request late disbursement and required the Commission to approve or deny such requests individually. This change would directly affect entities applying for loans through the Texas Energy Fund by providing flexibility for fund disbursement timelines. The bill was withdrawn from consideration on April 14, 2025, and never became law.