Relating to imposing a tax on the generation of electricity by certain electric generators to provide revenue for teacher pay raises.

HB 5001 imposes a tax on electric generators in Texas that produce electricity using energy sources other than natural gas or coal. The tax applies to generators such as renewable energy facilities, with the rate calculated annually by the comptroller based on natural gas revenue and usage data. Revenue generated from this tax would fund teacher pay raises, as specified in the bill's title. The tax is calculated per kilowatt-hour produced and must be paid monthly by affected generators. This bill directly affects non-natural gas/coalfired electricity producers seeking to contribute to education funding.