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Amend CSHB 3245 (house committee report) by adding the
following appropriately numbered SECTIONS to the bill and
renumbering subsequent SECTIONS of the bill accordingly:
SECTION ____. Section 39.352, Utilities Code, is amended by
adding Subsection (c-1) to read as follows:
(c-1) Subject to Subsection (d), a retail electric provider
shall at all times maintain compliance with the requirements for
certification prescribed by Subsection (b) and with all other
applicable requirements prescribed by this title or by a commission
order or rule, including customer protection requirements,
disclosure requirements, and marketing guidelines. At least
annually and at any other time the commission may require, a retail
electric provider shall submit a report to the commission
concerning the financial viability of the retail electric provider.
At any time, the commission, on its own motion or on complaint, may:
(1) investigate the financial, managerial, and
technical performance of a retail electric provider; and
(2) inspect the books and records of a retail electric
provider.
SECTION ____. Section 39.352(e), Utilities Code, is
repealed.