AMENDMENT(S) PROPOSED BY THE SENATE

COMMERCE AND LABOR

1. Line 63, engrossed, after provided.

strike

remainder of line 63 and all of lines 64 through 66

insert

However, each incumbent electric utility shall file an application for approval pursuant to this section by July 1, 2003, and shall transfer management and control of its transmission assets to a regional transmission entity by January 1, 2005, subject to Commission approval as provided in this section.

COMMERCE AND LABOR

2. Line 111, engrossed, after notice and

strike

an opportunity for a

COMMERCE AND LABOR

3. Line 112, engrossed, after section.

strike

remainder of line 112 and all of lines 113 through 120

COMMERCE AND LABOR

4. Line 126, engrossed

strike

all of lines 126 through 128