Substitute the following for the Zbranek Amendment to the
Zbranek amendment to CSSB 7:
      Amend the Zbranek amendment by striking the text of the
amendment and substituting the following:
      SECTION _____.  Subchapter A, Chapter 163, Utilities Code, is
amended by adding Section 163.002 to read as follows:
      Sec.  163.002.  REPORT ON PROBLEMS.  (a) The commission shall
analyze the financial problems of the municipal power agency
described by Subsection (b).  Before September 1, 2000, the
commission shall present recommendations for solving the problems
to the speaker of the house of representatives, the lieutenant
governor, the members of the legislature, and the municipal power
agency.
      (b) This subsection applies to a municipal power agency as
defined by this Chapter that has stranded costs in excess of $6,000
per customer as determined by the April 1998 Report to the Texas
Senate Interim Committee on Electric Restructuring entitled
"Potentially Strandable Investment (ECOM) Report: 1998 Update."