The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Paul Patterson - Glenrock Associates LLC - Analyst
: So a quick technical question for Marty. The Missouri securitization bill, it sounds to me that you -- and I've been following it, that
the House version that's been amended -- excuse me, that the House Bill has been amended in the Senate and now is in the Housing
Committee. If it passes out of the House without any changes, does it go straight to the Governor? Or does it -- it's a little confusing
to me. Or does it have to be some changes? Does it have to go back to the Senate, assuming there's no changes made in the House?
Question: Paul Patterson - Glenrock Associates LLC - Analyst
: Okay. That would be nice. And then with respect to the Illinois legislation, I know this doesn't pertain specifically to you guys, but
this is sort of an element, I think, potentially. Is the PJM auction, do you think that's going to play any role in the timing here because,
as you know, that's coming up a little bit sooner than the -- at least it's beginning a little sooner than the end of the month?
Question: Paul Patterson - Glenrock Associates LLC - Analyst
: Okay. I'll leave that one alone. So it's a crystal ball question. So -- well, just moving on to the -- very quickly on the MISO issue and
the ROE and your -- being part of an RTO. If this -- if FERC takes action, that could be -- that you perceive to be negative with respect
to the transmission ROE and being part of an RTO, is there any -- is there anything we should think as being potentially an outcome
from that, that you guys might take?
Or how should we -- I mean, I just noticed you guys bringing that up in the slide presentation. I just wanted to -- I'm just wondering,
are you guys -- is there any -- how should we think about it if they do reverse this 50 basis points or do other action that might lower
the ROE?
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MAY 11, 2021 / 2:00PM, AEE.N - Q1 2021 Ameren Corp Earnings Call
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