Amend HB 1777 as follows:
1.)  Section 38, Subchapter D, Utilities Code, is amended by adding Section
  38.072 to read as follows:
Sec. 38.072.  ELECTRIC TECHNOLOGY IMPROVEMENT.  (a)  The
  commission shall adopt rules for the recovery of costs that utilities incur for
  research and development of technologies and business practices related to the
  production, transmission, distribution, storage, metering, and use of electricity;
  mitigating risks in competitive energy markets; minimizing the environmental
  impacts of production and delivery of electricity, and developing uniform
  commercial standards for the energy industry.
(b)  The rules shall encourage utilities to take advantage of the research and
  development resources in this state and its institutions, with the objective of
  providing to the state and its citizens the benefits if advanced electricity
  technologies, systems, and processes; increased efficiency and reliability in the
  production, delivery, and use of electricity; reduced cost of providing electricity;
  and reduced environmental impact of electricity production and delivery, while
  contributing to economic development and job creation.