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MD HB121

MD HB121
Electric Companies - Regional Transmission Organizations - Report (Utility Transparency and Accountability Act)


summary

Introduced
01/08/2025
In Committee
04/03/2025
Crossed Over
03/17/2025
Passed
04/05/2025
Dead
Signed/Enacted/Adopted
05/13/2025

Introduced Session

2025 Regular Session

Bill Summary

Requiring an electric company, other than a municipal electric utility, by February 1 each year, to submit a report to the Public Service Commission regarding each recorded vote cast by the electric company and any of its State affiliates at a meeting of a regional transmission organization.

AI Summary

This bill requires electric companies (excluding municipal electric utilities) to submit an annual report to the Public Service Commission detailing all recorded votes cast by the company and its state affiliates during meetings of a Regional Transmission Organization (RTO). A "recorded vote" is defined as any tabulated vote at a meeting, regardless of whether it represents a final position or decision-making authority. The RTO is specifically defined as an entity qualifying under federal regulation 18 C.F.R. § 35.34. The report, due by February 1st each year, must comprehensively cover all votes cast by the electric company during the previous calendar year, including votes by state affiliates, even if those votes are not otherwise publicly disclosed. This legislation aims to increase transparency by requiring electric companies to provide detailed documentation of their voting activities within regional energy management organizations. The bill is set to take effect on October 1, 2025, giving electric companies time to prepare for the new reporting requirements.

Committee Categories

Business and Industry, Education

Sponsors (1)

Last Action

Approved by the Governor - Chapter 439 (on 05/13/2025)

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