Amend the proposed Greenberg amendment on page 22 of the
packet to CSSB 7 as follows:
      (1)  Strike items (1) and (2) of the amendment (amendment
page 1, lines 2-11).
      (2)  Strike the text of item (3) of the amendment (amendment
page 1, lines 12-15), and substitute: Strike the second sentence of
the section (page 120, lines 25 and 26) and substitute: "The
proceeds of the transition bonds shall be used solely for the
purposes of reducing the amount of recoverable regulatory assets
and stranded costs, as determined by the commission in accordance
this chapter, through the refinancing or retirement of utility debt
or equity. The commission shall ensure that securitization provides
tangible and quantifiable benefits to ratepayers, greater than
would have been achieved absent the issuance of transition bonds.
The commission shall ensure that the structuring and pricing of the
transition bonds result in the lowest transition bond charges
consistent with market conditions and the terms of the financing
order."
      (3)  Strike item (4) of the amendment (amendment page 1,
lines 16-20).