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Amend Floor Amendment No. 22 by Swinford to CSSB 483 as
follows:
(1) Add to the amendment the following item, numbered
appropriately:
(___) Add the following SECTION, numbered appropriately:
SECTION ____. Section 39.904(b), Utilities Code, is amended
to read as follows:
(b) The commission shall establish a renewable energy
credits trading program. Any retail electric provider, municipally
owned utility, or electric cooperative that does not satisfy the
requirements of Subsection (a) by directly owning or purchasing
capacity using renewable energy technologies shall purchase
sufficient renewable energy credits to satisfy the requirements by
holding renewable energy credits in lieu of capacity from renewable
energy technologies. As part of the program, the commission by rule
shall allow the renewable energy portion of the electric generating
capacity of a generating technology that uses a hybrid of fossil
fuels and renewable technology to be counted toward meeting the
installed renewable energy technology goals established under
Subsection (a). To be eligible to count for meeting the goals
established under Subsection (a), the fossil-fueled portion of the
hybrid technology must contribute not more than 25 percent of the
capacity.
(2) Renumber subsequent items of the amendment accordingly.