Amend HB 1600 (house committee report) by adding the following appropriately numbered SECTIONS to ARTICLE 1 of the bill and renumbering subsequent SECTIONS of the article appropriately:
SECTION 1.____. Subchapter D, Chapter 39, Utilities Code, is amended by adding Section 39.1571 to read as follows:
Sec. 39.1571. COMMISSION AUTHORITY DURING EXTREME CONGESTION EVENT. The commission by rule shall establish:
(1) a method to implement a temporary shadow price cap to prevent retail customers from absorbing unusually high congestion charges during an extreme congestion event;
(2) criteria to define an "extreme congestion event"; and
(3) a method to determine what unusually high congestion charges are.
SECTION 1.____. The Public Utility Commission of Texas shall adopt rules to implement the change in law made by Section 39.1571, Utilities Code, as added by this Act, not later than June 1, 2014.