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Amend the CSHB 989 as follows:
1) Strike SECTION 1 and renumber subsequent SECTIONS as
appropriate;
2) In SECTION 2, strike proposed Subsection (b) of Sec.
36.209, Utilities Code and insert a new Subsection (b) to read as
follows:
(b) Notwithstanding Sec. 36.201, the commission, after
notice and hearing, may allow an electric utility to recover on an
annual basis its reasonable and necessary expenditures for
transmission infrastructure improvement costs and changes in
wholesale transmission charges to the electric utility under a
tariff approved by a federal regulatory authority to the extent
that the costs or charges have not otherwise been recovered. The
commission may allow the electric utility to recover only the costs
allocable to retail customers in the state and may not allow the
electric utility to over-recover costs.