Amend CSHB 3309 (committee printing version) by adding the 
following appropriately numbers new SECTIONS and renumber the 
subsequent SECTIONS accordingly:
	"SECTION ____.  Section 39.107(h), Utilities Code, is 
amended to read as follows:
	(h)  The commission shall establish a nonbypassable 
surcharge for an electric utility or transmission and distribution 
utility to use to recover reasonable and necessary costs incurred 
in deploying advanced metering and meter information networks to 
residential customers and nonresidential customers other than 
those required by the independent system operator to have an 
interval data recorder meter.  The commission shall ensure that the 
nonbypassable surcharge reflects a deployment of advanced meters 
that is no more than one-third of the utility's total meters over 
each calendar year and shall ensure that the nonbypassable 
surcharge does not result in the utility recovering more than its 
actual, fully allocated meter and meter information network costs.  
The expenses must be allocated to the customer classes receiving 
the services, based on the electric utility's most recently 
approved tariffs.  An electric utility or transmission and 
distribution utility that deploys advanced metering and meter 
information networks shall, to the extent practicable, obtain 
grants, loans, and loan guarantees available from the federal 
government specifically for that purpose, and other available 
revenue that would reduce the utility's cost of deployment.  The 
commission shall reflect the revenue obtained when establishing the 
amount of a surcharge under this subsection and may reduce the 
amount of a surcharge approved before the utility received the 
revenue, if necessary.
	SECTION ____.  Section 39.904, Utilities Code, is amended by 
adding Subsection (h-1) to read as follows:
	(h-1)  An electric utility, transmission and distribution 
utility, or river authority that has been designated by the 
commission to construct transmission capacity under Subsection (g) 
shall, to the extent practicable, obtain grants, loans, and loan 
guarantees available from the federal government specifically for 
that purpose, and other available revenue to reduce the utility's 
or authority's cost of construction.  The commission shall reflect 
the revenue obtained when establishing or modifying the rates of 
the utility or authority and may propose a rate reduction under 
Subchapter D, Chapter 36, if necessary."