AMENDMENT(S) PROPOSED BY THE HOUSE

DEL. MUNDON KING

1. Line 19, engrossed, after means

strike

a Phase I Utility or

DEL. MUNDON KING

2. Line 19, engrossed, after as

strike

those terms are

insert

that term is

DEL. MUNDON KING

3. After line 38, engrossed

insert

C. Nothing in this section shall limit the Commission's authority to approve or deny a petition for recovery of SMR project development costs or to require a utility to demonstrate that such utility made reasonable good-faith efforts to secure appropriate funding opportunities from the U.S. Department of Energy. The annual revenue requirement for any rate adjustment clause authorized pursuant to this section shall not exceed an amount that would increase a utility's typical residential customer bill by more than $1.75 per month.

2. That the provisions of this act shall expire on December 31, 2029.