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Amend SB 1464 by adding the following appropriately numbered
SECTION to the bill and renumbering subsequent SECTIONS of the bill
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.