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A BILL TO BE ENTITLED
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AN ACT
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relating to the delay of retail electric competition in the areas of |
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the state covered by the Southeastern Electric Reliability Council. |
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BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS: |
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SECTION 1. Chapter 39, Utilities Code, is amended by adding |
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Section 39.4005 to read as follows: |
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Sec. 39.4005. DELAY OF RETAIL COMPETITION. (a) The |
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commission shall not implement or consider the implementation of |
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retail electric competition in electric control areas within the |
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Southeastern Reliability Corporation that are not currently |
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engaged in retail electric competition unless instructed to do so |
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by specific legislative actions. |
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(b) An Electric utility operating in the Southeastern |
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Reliability Corporation which is subject to traditional cost of |
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service rate regulation and currently have a transition to |
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competition plan on file at the commission shall, within 180 days of |
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the effective date of this Section: |
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(1) withdraw such plan from the commission; |
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(2) cease all activities related to such plan; and |
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(3) file with the commission for recovery of any costs |
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incurred as a result of the preparation, filing and pursuit of such |
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plan. |
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(c) This section shall prevail over any conflicting |
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provision or provisions in this subchapter. |
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SECTION 2. This Act takes effect immediately if it receives |
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a vote of two-thirds of all the members elected to each house, as |
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provided by Section 39, Article III, Texas Constitution. If this |
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Act does not receive the vote necessary for immediate effect, this |
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Act takes effect September 1, 2007. |