House File 561 S-5090 Amend House File 561, as amended, passed, and 1 reprinted by the House, as follows: 2 1. Page 1, line 1, after < Code > by inserting 3 < Supplement > 4 2. Page 1, line 8, after < board. > by inserting 5 < An application pursuant to this paragraph shall not 6 be filed prior to January 1, 2013. The utility shall 7 provide the board and the office of consumer advocate 8 notice of the utility’s intent to file the application 9 at least six months prior to filing. > 10 3. Page 1, line 26, by striking < 2. > and inserting 11 < 2. > 12 4. Page 1, by striking line 29 and inserting 13 < generating facility, as provided in subsection 1, 14 shall be > 15 5. Page 1, by striking line 35 and inserting < in 16 subsection 1, shall be implemented by considering the > 17 6. By striking page 2, line 4, through page 3, line 18 14. 19 7. Page 5, after line 27 by inserting: 20 < (0a) Determine whether the proposed ratemaking 21 principles constitute a prudent plan to develop new 22 electric power generation at a reasonable cost to 23 customers. In the event that the board determines the 24 proposed plan is not reasonable, the board may reject 25 the request for ratemaking principles, or specify 26 alternative ratemaking principles consistent with the 27 provisions and requirements of this section. > 28 8. Page 6, line 28, after < principle. > by inserting 29 < Such application for ratemaking principles must 30 contain a cap for projected annual expenditures. The 31 board shall be prohibited from allowing recovery of 32 costs in excess of the proposed cap unless the utility 33 can demonstrate the prudence of expenditures in excess 34 of the cap in a subsequent annual proceeding. > 35 9. Page 6, line 32, after < board > by inserting < , 36 plus an additional period of up to twenty-four months 37 if the board at any time determines additional time for 38 cost recovery to be in the public interest > 39 10. Page 7, line 4, after < filing. > by inserting 40 < However, cost recovery shall be precluded until the 41 utility has demonstrated in a filing with the board 42 that the utility has incurred costs associated with 43 licensing, permitting, or constructing the nuclear 44 generating facility. > 45 11. Page 7, line 24, by striking < (1) > and 46 inserting < (i) > 47 12. Page 7, line 27, by striking < (2) > and 48 inserting < (ii) > 49 13. Page 7, line 30, by striking < (3) > and 50 -1- HF561.5100 (6) 84 rn/nh 1/ 2 #1. #2. #3. #4. #5. #6. #7. #8. #9. #10. #11. #12.

inserting < (iii) > 1 14. Page 8, line 10, by striking < elects not to 2 complete or > 3 15. Page 8, line 11, after < facility. > by inserting 4 < The complete methodology for determination of prudent 5 costs shall be addressed as a ratemaking principle. > 6 16. Page 9, line 12, after < facility. > by inserting 7 < The business case shall include at a minimum 8 consideration of the following: 9 (a) Projections of capital expenditures. 10 (b) Projections of operating and maintenance 11 expenditures. 12 (c) Projections of staffing requirements. 13 (d) Project scheduling. 14 (e) A description of the selected form of nuclear 15 technology. > 16 17. Page 9, line 34, by striking < Any > and 17 inserting < As the development of nuclear electric power 18 generation requires significant capital investment, 19 ongoing operating expenses, and decommissioning 20 expenses, including storage or disposal of used nuclear 21 fuel, and a substantial period of time for successful 22 nuclear generation development, siting, permitting, 23 licensing, and deployment, any > 24 18. Page 12, line 11, after < study > by inserting 25 < to the general assembly > 26 19. Page 12, line 12, by striking < 2012 > and 27 inserting < 2013 > 28 20. Page 12, lines 21 and 22, by striking 29 < department of economic development > and inserting 30 < economic development authority > 31 21. Page 12, line 26, by striking < 2012 > and 32 inserting < 2013 > 33 22. Page 12, after line 26 by inserting: 34 < Sec. ___. EFFECTIVE UPON ENACTMENT. The portion 35 of this Act amending section 476.53, subsection 4, 36 being deemed of immediate importance, takes effect upon 37 enactment. > 38 23. Title page, line 2, after < facilities > by 39 inserting < , and including effective date provisions > 40 24. By renumbering, redesignating, and correcting 41 internal references as necessary. 42 ______________________________ COMMITTEE ON COMMERCE MATT McCOY, CHAIRPERSON -2- HF561.5100 (6) 84 rn/nh 2/ 2 #14. #15. #16. #17. #18. #19. #20. #21. #22. #23. #24.