Amendment AA7-AB389

LRBa0492/1

MDK:jlg:jf

1999 - 2000 LEGISLATURE

ASSEMBLY AMENDMENT 7, TO 1999 ASSEMBLY BILL 389

June 23, 1999 - Offered by Representative Ziegelbauer.

AB389-AA7,1,1 At the locations indicated, amend the bill as follows:

AB389-AA7,1,2 1. Page 2, line 16: after "facilities," insert "retail electric choice study,".

AB389-AA7,1,3 2. Page 66, line 24: after that line insert:

AB389-AA7,1,4 "(3m) Retail choice study.

AB389-AA7,1,7 (a) The public service commission shall conduct a study on implementing retail choice for all consumers of electricity in this state. The study shall address each of the following:

AB389-AA7,1,9 1. The infrastructure changes that are necessary for implementing retail choice and the cost and timing of the changes.

AB389-AA7,1,11 2. The benefits of retail choice to residential, commercial and industrial classes of consumers.

AB389-AA7,1,13 3. A schedule for implementing retail choice for each class of consumers specified in subdivision 2.

AB389-AA7,2,3 4. Recommendations for regulating new market entrants in a manner that ensures equitable treatment of all market participants, including any proposed licensing or certification requirements.

AB389-AA7,2,5 5. The calculation and recovery of the transitional costs incurred in implementing retail choice.

AB389-AA7,2,7 6. The calculation and recovery of stranded costs, including securitization as a means of recovery.

AB389-AA7,2,10 7. The taxation changes that are necessary to ensure the equitable distribution of the tax burden on producers, distributors, marketers and transmitters of electricity in a manner that is revenue neutral.

AB389-AA7,2,14 8. The equitable allocation on all market participants, including cooperative associations organized under chapter 185 of the statutes, of the costs of public benefits programs, including low-income energy assistance and energy efficiency programs.

AB389-AA7,2,15 9. The development and use of renewable energy resources under retail choice.

AB389-AA7,2,18 10. The statutory changes that are necessary to implement retail choice, including any recommended changes to sections 196.85, 196.855 and 196.857 of the statutes.

AB389-AA7,2,20 11. Any other issue that the commission determines is necessary for a comprehensive study of implementing retail choice.

AB389-AA7,2,24 (b) The public service commission shall report the results of the study to the legislature in the manner provided under section 13.172 (2) of the statutes no later than the first day of the 12th month beginning after the effective date of this paragraph.".

AB389-AA7,2,25 (End)