Amend the amendment in section 1 in subsection 11 by striking out all of the first 9 lines (page 1, lines 15 to 23 in amendment) and inserting the following:

Amend the amendment in section 2 in the 4th line (page 2, line 4 in amendment) by inserting after the following: "utility that" the following: ', on the effective date of this Act,'

summary

Under Committee Amendment "A," an affiliate of an investor-owned transmission and distribution utility may own generation or generation-related assets as long as the generation or generation-related assets are not directly interconnected to the facilities owned or operated by that investor-owned transmission and distribution utility.

This amendment restricts that permission to affiliates of investor-owned transmission and distribution utilities that own, on the effective date of the legislation, generation or generation-related assets.