Amend the bill, as and if amended, Part IB, Section 73, OFFICE OF REGULATORY STAFF, page 420, after line 24, by adding an appropriately numbered new proviso to read:
/73.__ (ORS: Natural Gas Rate Stabilization Act Study) From the funds appropriated and authorized in the current fiscal year, the Office of Regulatory Staff shall study the Natural Gas Rate Stabilization Act of 2005 and make recommendations to the General Assembly by February 5, 2019. The study shall include, but is not limited to, determining if the provisions of the Act are in the best interests of the ratepayers. The study will include a comparison of states that use innovative rates and tracking mechanisms to bill natural gas customers. Such comparison shall include, but is not limited to, the application and process, the usage of the Weather Normalization Adjustment, the benefits to the customer, and the approved rate of return. /
Renumber sections to conform.
Amend sections, totals and title to conform.