Amend CSHB 500 (senate committee printing) by adding the following appropriately numbered SECTION to read as follows and renumbering subsequent SECTIONS accordingly:

SECTION ____.  This Act takes effect only if the constitutional amendment proposed by S.J.R. No. 1, 83rd Legislature, Regular Session, 2013, is approved by both houses of the legislature and submitted to the voters, and Section 39.9039, Utilities Code, as proposed by H.B. No. 7 or similar legislation of the 83rd Legislature, Regular Session, 2013, becomes law. If either condition provided by this section is not met, this Act has no effect.