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MD SB682

Electric Companies - Regional Transmission Organizations - Report (Utility Transparency and Accountability Act)


summary

Introduced
01/29/2024
In Committee
04/05/2024
Crossed Over
04/02/2024
Passed
Dead
04/08/2024

Introduced Session

2024 Regular Session

Bill Summary

Requiring a certain electric company to submit a report to the Public Service Commission on or before February 1 each year regarding certain votes cast by the electric company and any affiliates of the electric company at a meeting of the regional transmission organization; providing that the Act does not apply to municipal electric utilities; etc.

AI Summary

This bill, known as the Utility Transparency and Accountability Act, requires electric companies that are members of a regional transmission organization (RTO) to submit an annual report to the Public Service Commission. The report must include all recorded votes cast by the electric company or its affiliates at RTO meetings during the previous calendar year, as well as a brief explanation of how each vote is in the public's interest. The bill excludes municipal electric utilities from these requirements.

Committee Categories

Business and Industry, Education, Government Affairs

Sponsors (1)

Last Action

Rereferred to Economic Matters (on 04/05/2024)

bill text


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