Amend CSHB 2603 (house committee report) as follows:

(1) On page 1, line 23, strike "and (e)," and substitute "(e), and (f),".

(2) On page 3, between lines 8 and 9, insert the following:

(e) If a company elects to receive monthly support amounts under Subsection (d), the commission, on its own motion or on the written request of the company, may initiate a proceeding to recalculate the most recent annualized support amount to be used as the basis for adjustment for a subsequent 12-month period under Subsection (d)(2). If, based on the recalculation, the commission by order adjusts a company's most recent annualized support amount, the adjusted support amount supersedes the annualized support amount calculated in accordance with Subsection (d).

(3) On page 3, line 9, strike "(e)" and substitute "(f)".

(4) On page 3, between lines 13 and 14, insert the following:

(g) This section does not affect the commission's authority under Chapter 53 or this chapter.