Amend CSSB 896, in SECTION 1 of the bill, in Section 14.101, 
Utilities Code (committee printing page 2, between lines 7 and 8) by 
adding the following new Subsections (f) through (j):
	(f)  Before approving a transaction under this section, the 
commission shall require the public utility, holding company, or 
affiliate reporting the transaction to provide any and all 
information necessary for the commission to carry out its duties 
under this section, including but not limited to:
		(1)  identification of all costs, both short-term and 
long-term, of the transaction;
		(2)  specification of each promise, pledge, 
concession, or agreement made by the public utility or other 
entity;
		(3)  identification of any potential rate and service 
impacts that may occur as a result of the transaction; and
		(4)  identification of any and all benefits of the 
transaction.      
	(g)  Notwithstanding Section 14.101(b), at the request of 
any party to the proceeding, the commission shall conduct a public 
hearing on the transaction.
	(h)  The commission may impose conditions that it deems 
necessary before granting approval of any transaction under this 
section.
	(i)  The commission shall adopt rules to enforce the 
requirements of this section.  Such rules shall include periodic 
reports by the public utility, holding company or affiliate as 
necessary to determine whether the public utility, holding company, 
or affiliate has satisfied the requirements of this section and any 
requirements established by the commission in any order issued 
under this section.
	(j)  On the dates specified in Section 31.003, the commission 
shall report to the legislature the status of any transactions 
approved, denied, or under review pursuant to this section and any 
utility, holding company, or affiliate that has failed to satisfy 
the requirements of any order issued under this section.