Amend CSHB 1607 (house committee printing) as follows:

In SECTION 3 of the bill (page 3, line 9), replace Subsection (d) with:

(d)  The commission by rule shall establish criteria, in addition to the criteria described by Subsection (c), for granting a certificate for a transmission project that serves the ERCOT power region and[,] that is not necessary to meet state or federal reliability standards[, and that does not serve a competitive renewable energy zone]. The criteria must include a comparison of the estimated cost of the transmission project for consumers and the estimated cost savings for consumers that may result from the transmission project. The commission shall include with its decision on an application for a certificate to which this subsection applies findings on the criteria.