Amend CSSB 981 (house committee report) by adding the following appropriately numbered SECTIONS and renumbering the subsequent SECTIONS of the bill accordingly:
SECTION ____. Section 39.352, Utilities Code, is amended by adding Subsections (c-1) and (c-2) to read as follows:
(c-1) Notwithstanding Subsections (b)(2) and (c), the commission may not refuse to issue a certificate to an applicant whose majority owner owns more than 80 percent of the applicant based solely on the fact that the majority owner was previously a minority owner of a retail electric provider that was involved in a mass transition of customers from that provider to a provider of last resort.
(c-2) Notwithstanding Subsections (b)(2) and (c), the commission may not amend or revoke the certificate of a retail electric provider of which the majority owner owns more than 80 percent based solely on the fact that the majority owner was previously a minority owner of a retail electric provider that was involved in a mass transition of customers from that provider to a provider of last resort.
SECTION ____. (a) The change in law made by Section 39.952(c-1), Utilities Code, as added by this Act, applies only to a retail electric provider certificate application that is filed on or after the effective date of this Act. A retail electric provider certificate application filed before the effective date of this Act is governed by the law in effect on the date the application was filed, and that law is continued in effect for that purpose.
(b) The change in law made by Section 39.952(c-2), Utilities Code, as added by this Act, applies to a retail electric provider certificate revocation or amendment proceeding for which the Public Utility Commission of Texas has not issued a final order before the effective date of this Act.