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Amend CSHB 1779 as follows:
(1) On page 29, line 25, strike ", another state, or another state agency".
(2) On page 30, line 9, strike "$10,000" and substitute
"$15,000".
(3) On page 30, line 10, strike "not".
(4) On page 30, line 15, between "penalty" and the period,
insert "unless the commission finds that the violation was
committed wilfully and knowingly".
(5) On page 36, lines 16 and 17, strike "[public utility's,
retail electric provider's, or electric cooperative's]" and
substitute "[public] utility's, retail electric provider's,
provider's, or electric cooperative's".
(6) On page 38, lines 8-11, strike "It is the policy of this
state to encourage electric utilities and transmission and
distribution utilities to use securitization financing [stranded
costs,] because this" and substitute "This [stranded costs, because
this]".
(7) Insert the following appropriately numbered SECTION to
the bill and renumber following SECTIONS as appropriate:
SECTION ____. Section 39.205, Utilities Code, is amended to
read as follows:
Sec. 39.205. REGULATION OF COSTS FOLLOWING FREEZE PERIOD.
At the conclusion of the freeze period, any remaining costs
associated with nuclear decommissioning obligations continue to be
subject to cost of service rate regulation and shall be included as
a nonbypassable charge to retail customers. The commission may
adopt rules necessary to ensure that money for decommissioning is
prudently collected, managed, and spent for its intended purpose
and that money that remains unspent after decommissioning is
completed is returned to retail customers.