Floor Packet Page No. 8
      Amend the CSSB 7 by striking the first sentence of Subsection
(h), Section 37.060, Utilities Code, as added by SECTION 33 of the
bill (page 36, line 14, through line 20), and substituting
therefore the following:
      The commission may not grant an additional retail electric
utility certificate to serve an area if the effect of the grant
would cause the area to be multiply certificated unless the
commission finds that the certificate holders are not providing
substantial service to the area for which a certificate is sought
or are not capable of providing adequate service to the area in
accordance with applicable standards and that the retail electric
utility that is seeking a certificate plans to install and use its
own distribution facilities to provide retail service to new
customers.  In granting an additional certificate under this
subsection, the commission shall ensure that the customers of the
retail electric utility that is seeking a certificate are
responsible for paying their share of stranded costs that would
otherwise be payable under this section.