House File 2551 H-8387 Amend the amendment, H-8339, to House File 2551, as follows: 1 1. Page 2, after line 10 by inserting: 2 < e. “Load ratio share” means the amount, expressed as a 3 percentage, of a public power utility’s electric load divided 4 by the total electric load in the applicable incumbent electric 5 transmission owner’s pricing zone. > 6 2. Page 2, line 11, by striking < e. > and inserting < e. f. > 7 3. Page 2, after line 14 by inserting: 8 < g. “Public power utility” means a municipally owned utility 9 or a rural electric cooperative that receives transmission 10 service from an incumbent electric transmission owner and 11 that is subject to regional cost allocation for the electric 12 transmission line. “Public power utility” does not include 13 an incumbent electric transmission owner or any member of 14 an incumbent electric transmission owner that is seeking to 15 exercise the rights described in subsection 3, paragraph “a” , 16 for a proposed electric transmission line. > 17 4. Page 2, line 15, by striking < f. > and inserting < h. > 18 5. Page 2, line 18, by striking < 3. > and inserting < 3. a. > 19 6. Page 3, after line 2 by inserting: 20 < b. An eligible incumbent electric transmission owner 21 exercising the right to construct, own, and maintain an 22 electric transmission line pursuant to paragraph “a” shall 23 provide public power utilities an opportunity to jointly own 24 a portion of the electric transmission line based on load 25 ratio share, pursuant to a written agreement. A public power 26 utility may transfer or assign joint ownership rights acquired 27 under this section to another public power utility by mutual 28 consent of the contracting parties. Notwithstanding any 29 language to the contrary in this section or section 478.18, 30 the provisions of this subsection shall not apply to eligible 31 electric transmission lines identified in the midcontinent 32 independent system operator long range transmission planning 33 tranche 1, approved on July 25, 2022, including any subsequent 34 evaluations, modifications, alterations, designations, or 35 -1- H 8339.4435 (2) 90 lh/js 1/ 2 #1. #2. #3. #4. #5. #6.

approval thereof. > 1 7. Page 3, line 8, by striking < authority, > and inserting 2 < authority and would otherwise be subject to a competitive 3 developer process , > 4 8. Page 3, line 19, after < this chapter . > by inserting 5 < The incumbent electric transmission owner shall update the 6 notice to construct an electric transmission line to include 7 information concerning the implementation of public power 8 utility joint ownership as described in subsection 3, paragraph 9 “b” , within thirty days after a written agreement has been 10 reached between the parties. > 11 ______________________________ JONES of Clay -2- H 8339.4435 (2) 90 lh/js 2/ 2 #7. #8.