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	Amend HB 1567 on third reading by adding the following 
appropriately numbered section to the bill and renumbering existing 
sections according:
	SECTION     .  Section 39.402(a), Utilities Code, is amended 
to read as follows:
	(a)  Until the later of January 1, 2009 [2007], or the date on 
which an electric utility subject to this subchapter is authorized 
by the commission to implement customer choice, the rates of the 
utility shall be regulated under traditional cost of service 
regulation and the utility is subject to all applicable regulatory 
authority prescribed by this subtitle and Subtitle A, including 
Chapters 14, 32, 33, 36, and 37.  Until the date on which an electric 
utility subject to this subchapter implements customer choice, the 
provisions of this chapter, other than this subchapter, Section 
39.904, and the provisions relating to the duty to obtain a permit 
from the Texas Natural Resource Conservation Commission for an 
electric generating facility and to reduce emissions form an 
electric generating facility, shall not apply to that utility.  
That portion of any commission order entered before September 1, 
2001, to comply with this subchapter shall be null and void.