#aac? ,,congress  #a/ ,session  ,h4 ,r4 
#ajch  ,,an ,,act  ,to provide equal    
treatm5t = utility special entities us+ 
utility op]ations-relat$ swaps1 & = o!r 
purposes4  #a4 ,%ort title ,?is ,act may
 be cit$ z ! ,public ,p[] ,risk         
,managem5t ,act ( #bjac4  #b4           
,transactions ) utility special entities
 ,section #a;a7#di7 ( ! ,commodity      
,ex*ange ,act 7#g ,u4,s4,c4 #a;a7#di77  
is am5d$ by add+ at ! end ! foll[+3     
7,e7 ,c]ta9 transactions ) a utility    
special entity  7i7 ,transactions 9     
utility op]ations-relat$ swaps %all be  
report$ pursuant to section #dr4  7ii7  
,9 mak+ a det]m9ation to exempt pursuant
 to subp>agraph 7,d71 ! ,commission %all
 treat a utility op]ations-relat$ swap  
ent]$ into ) a utility special entity1 z
 def9$ 9 section #ds7h77#b77;,d71 z if x
 7 ent]$ into ) an entity t is n a      
special entity1 z def9$ 9 section       
#ds7h77#b77;,c74  4  #c4 ,utility       
special entity def9$ ,section #ds7h77#b7
 ( ! ,commodity ,ex*ange ,act 7#g       

,u4,s4,c4 #fs7h77#b77 is am5d$ by add+  
at ! end ! foll[+3  7,d7 ,utility       
special entity ,= purposes ( ?is ,act1 !
 t]m utility special entity means a     
special entity1 or any in/rum5tality1   
dep>tm5t1 or corporation ( or e/abli%$  
by a ,/ate or political subdivision ( a 
,/ate1 t--  7i7 owns or op]ates an      
electric or natural gas facility or an  
electric or natural gas op]ation2  7ii7 
supplies natural gas & or electric en]gy
 to ano!r utility special entity2  7iii7
 has public s]vice obligations "u       
,f$]al1 ,/ate1 or local law or          
regulation to deliv] electric en]gy or  
natural gas s]vice to cu/om]s2 or  7iv7 
is a ,f$]al p[] m>ket+ ag5cy1 z def9$ 9 
section #c ( ! ,f$]al ,p[] ,act4  4  #d4
 ,utility op]ations-relat$ swap  7a7    
,swap fur!r def9$ ,section              
#a;a7#dg77;,a77iii7 ( ! ,commodity      
,ex*ange ,act 7#g ,u4,s4,c4             
#a;a7#dg77;,a77iii77 is am5d$--  7#a7 by
 /rik+ & at ! end ( subclause 7,,xxi72  
7#b7 by add+ & at ! end ( subclause     

7,,xxii72 &  7#c7 by add+ at ! end !    
foll[+3  7,,xxiii7 a utility            
op]ations-relat$ swap2  4  7b7 ,utility 
op]ations-,relat$ swap def9$ ,section   
#a;a ( su* ,act 7#g ,u4,s4,c4 #a;a7 is  
am5d$ by add+ at ! end ! foll[+3  7#eb7 
,utility op]ations-relat$ swap ,! t]m   
utility op]ations-relat$ swap means a   
swap t--  7,a7 is ent]$ into to h$ge or 
mitigate a comm]cial risk2  7,b7 is n a 
contract1 agreem5t1 or transaction bas$ 
on1 d]iv$ on1 or ref]5c+--  7i7 an      
int]e/ rate1 cr$it1 equity1 or curr5cy  
asset class2 or  7ii7 a metal1          
agricultural commodity1 or crude oil or 
gasol9e commodity ( any grade1 except z 
us$ z fuel = electric en]gy g5]ation2 & 
7,c7 is associat$ )--  7i7 ! g5]ation1  
production1 pur*ase1 or sale ( natural  
gas or electric en]gy1 ! supply (       
natural gas or electric en]gy to a      
utility1 or ! deliv]y ( natural gas or  
electric en]gy s]vice to utility        
cu/om]s2  7ii7 all fuel supply = !      
facilities or op]ations ( a utility2    

7iii7 compliance ) an electric sy/em    
reliability obligation2  7iv7 compliance
 ) an en]gy1 en]gy effici5cy1           
cons]vation1 or r5ewable en]gy or       
environm5tal /atute1 regulation1 or     
gov]nm5t ord] applicable to a utility2  
or  7v7 any o!r electric en]gy or       
natural gas swap to :i* a utility is a  
p>ty4  4  #e4 ,effective date ,!        
am5dm5ts made by ?is ,act take effect z 
if enact$ on ,july #ba1 #bjaj4  ,pass$ !
 ,h\se ( ,repres5tatives ,june #ab1     
#bjac4;,cl]k4