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Amend CSHB 469 (Senate engrossment) as follows:
(1) In SECTION 4 of the bill (page 1, line 36), between
"shall" and "issue", insert "make a decision whether to".
(2) In SECTION 4 of the bill (page 1, line 37), strike
"after" and insert "where".
(3) In SECTION 4 of the bill (page 1, line 44), strike
"and".
(4) In SECTION 4 of the bill (page 1, line 50), add
subsections (b)(5) and (b)(6) and renumber subsequent SECTIONS of
the bill accordingly.
"(5) The project's owners or operators have signed an
interconnection agreement with the Electric Reliability Commission
of Texas; and
(6) The comptroller has determined that the project
has the likelihood to generate taxable income within a reasonable
time sufficient to substantially repay any franchise tax credits
issued under this act".