By: Thierry, Paddie, Harless, Button, H.B. No. 2586       Goldman, et al.     A BILL TO BE ENTITLED   AN ACT   relating to an annual audit of the independent organization   certified for the ERCOT power region.          BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:          SECTION 1.  Subchapter D, Chapter 39, Utilities Code, is   amended by adding Section 39.159 to read as follows:          Sec. 39.159.  AUDIT OF INDEPENDENT ORGANIZATION CERTIFIED   FOR ERCOT POWER REGION. (a) The commission annually shall have an   independent audit made of each independent organization certified   under Section 39.151 for the ERCOT power region.          (b)  An audit under this section must examine:                (1)  the independent organization's financial   condition, including the organization's budget and expenses, and   the salaries of the organization's employees and board members; and                (2)  compliance of the independent organization's   assets with all applicable commission standards.          (c)  Not later than the 60th day after the date an audit under   this section is completed the commission shall:                (1)  publish the results of the audit on the   commission's Internet website; and                (2)  submit the results of the audit to the state   auditor and members of the standing committees of the legislature   with primary jurisdiction over the commission.          SECTION 2.  This Act takes effect September 1, 2021.