Amend CSSB 7, Sec. 40.059, by adding a new subsection (g) to
read as follows:
      (g)  The municipal power agency, or its successor(s) in
interest, may at its option, use the rate of return method for
calculating its transmission cost of service.  If the rate of
return method is used, then, the return component for the
transmission cost of service revenue requirement shall be
sufficient to meet the transmission function's pro-rata share of
levelized debt service, and debt service coverage (1.50) and other
annual debt obligations; provided that, the total levelized debt
service does not exceed the total debt service under the current
payment schedule.  Any additional revenue generated by the
foregoing methodology shall be applied to reduce the agency's
outstanding indebtedness.