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Bill > SB37


MD SB37

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


summary

Introduced
01/08/2025
In Committee
03/31/2025
Crossed Over
02/27/2025
Passed
04/02/2025
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 State affiliate of the electric company 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 by February 1st detailing all recorded votes cast by the electric company or its state-affiliated entities during the previous calendar year at meetings of a Regional Transmission Organization (RTO). A "recorded vote" is defined as any vote that is tabulated, either individually or as part of a sector, regardless of whether it represents a final position or decision-making authority. The bill specifies that the report must include all recorded votes cast by the electric company, even if those votes are already disclosed elsewhere, and must also include votes cast by state affiliates if the electric company itself does not vote on a particular matter. The bill defines a "Regional Transmission Organization" as an entity that qualifies under specific federal regulatory standards, and it will take effect on October 1, 2025. The goal appears to be increasing transparency in how electric companies participate in regional energy governance and decision-making processes.

Committee Categories

Business and Industry, Education

Sponsors (7)

Last Action

Approved by the Governor - Chapter 438 (on 05/13/2025)

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