Amend HB 2712 (house committee report) as follows:
(1) On page 2, line 23, strike "Subsection (k)" and substitute "Subsections (k), (1), and (m)".
(2) On page 4, between lines 7 and 8, insert the following:
(1) A utility that selects a fully projected future test year that meets the requirements of Section 13.1831(3)(A) shall:
(1) not later than the 30th day after the last day of the last quarter of the test year, file with the regulatory authority a statement that:
(A) describes the utility's actual results experienced in the test year; and
(B) provides appropriate data to demonstrate the accuracy of the estimates used for the test year; and
(2) serve a copy of the filing made under Subdivision (1) on the parties of record in the rate proceeding in which the final rate determination using the test year was entered.
(m) A utility that does not have the results or data required to be filed under Subsection (l) before the required filing date shall:
(1) file a written notice with the regulatory authority stating the date on which the results or data will be available;
(2) serve a copy of the filing made under Subdivision (1) on the parties described by Subsection (l)(2); and
(3) make the filing required under Subsection (l) as soon as possible after the results or data are available.
(3) On page 4, strike lines 9 through 14 and substitute the following appropriately numbered SECTION and renumber subsequent SECTIONS of the bill accordingly:
SECTION ____. (a) Not later than September 1, 2026, the Public Utility Commission of Texas shall adopt rules necessary to implement the changes in law made by this Act.
(b) The changes in law made by this Act apply only to a rate proceeding that commences on or after the effective date of the rules described by Subsection (a) of this section. A rate proceeding that commences before the effective date of the rules described by Subsection (a) of this section is governed by the law in effect on the date the proceeding commenced, and that law is continued in effect for that purpose.