83R2793 JJT-F
 
  By: Hegar S.B. No. 405
 
 
 
A BILL TO BE ENTITLED
 
AN ACT
  relating to the applicability of state law regulating the
  decommissioning costs of certain newly constructed commercial
  nuclear-powered electric generating facilities.
         BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
         SECTION 1.  Section 39.206(a)(3), Utilities Code, is amended
  to read as follows:
               (3)  "Nuclear generating unit" means an electric
  generating facility that uses nuclear energy to generate
  electricity for sale and is licensed by the Nuclear Regulatory
  Commission [and was under construction in this state after January
  1, 2007, but before January 1, 2015].
         SECTION 2.  Section 39.206(b), Utilities Code, is amended to
  read as follows:
         (b)  This section applies only to the first six nuclear
  generating [generation] units the [under] construction of which
  begins on or after January 1, 2013, and before January 1, 2033, and
  which are [by January 1, 2015,] owned in whole or in part by a power
  generation company that elects to utilize the decommissioning
  mechanism set forth in this section.
         SECTION 3.  This Act takes effect immediately if it receives
  a vote of two-thirds of all the members elected to each house, as
  provided by Section 39, Article III, Texas Constitution.  If this
  Act does not receive the vote necessary for immediate effect, this
  Act takes effect September 1, 2013.