Floor Packet Page No. 21
      Amend CSSB 7 on page 83, by inserting a new Subsection (d)
between lines 14 and 15 to read as follows:
      (d)  Notwithstanding any other provision of this title, an
electric utility which, before the effective date of this Act,
entered into a stipulation or agreement which was approved by the
commission on or after January 1, 1996 requiring the utility to
pass through to ratepayers the savings resulting from the merger of
that utility with another utility shall continue to be bound by the
terms of that stipulation or agreement. The commission shall ensure
that the pass through of all merger savings required under any such
stipulation or agreement shall be fully implemented during the
freeze period and shall be reflected in setting the price to beat
for that utility.