,,ii #aaf? ,,congress #a/ ,session ,s4 #caji ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,decemb] #ai1 #bjai,mr4 ,he9ri* introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to require ! ,f$]al ,en]gy ,regulatory ,commission to initiate a rulemak+ to re=m ! int]regional transmission plann+ process1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,int]regional ,transmission ,plann+ ,improvem5t ,act ( #bjai4 #b4 ,rulemak+ to increase ! effectiv5ess ( int]regional transmission plann+ 7a7 ,9 g5]al ,n lat] ?an #f mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,f$]al ,en]gy ,regulatory ,commission %all initiate a rulemak+ to consid]-- 7#a7 ! effectiv5ess ( exi/+ plann+ processes = id5tify+ transmission projects across regions t provide economic1 reliability1 op]ational1 & public policy b5efits1 tak+ into consid]ation ! public int]e/1 ! integrity ( m>kets1 & ! protection ( consum]s2 7#b7 *anges to ! processes describ$ 9 p>agraph 7#a7 to ensure t effici5t1 co/-effective1 & broadly b5eficial transmission solutions are select$ = con/ruction1 tak+ into consid]ation-- 7,a7 ! public int]e/2 7,b7 ! integrity ( m>kets2 7,c7 ! protection ( consum]s2 7,d7 ! broad range ( b5efits t int]regional transmission provides2 7,e7 ! ne$ = s+le projects to secure approvals bas$ on a compreh5sive assessm5t ( ! multiple b5efits provid$2 7,f7 t projects t meet int]regional b5efit crit]ia %\ld n be subject to subsequ5t reassessm5t by regional entities2 7,g7 ! importance ( syn*ronization ( plann+ processes 9 neighbor+ regions1 su* z us+ a jo9t model on a consi/5t timel9e ) a s+le set ( ne$s1 input assumptions1 & b5efit metrics2 7,h7 t evaluation ( long-t]m sc5>ios %\ld align ) ! expect$ life ( a transmission asset2 7,i7 t transmission plann+ au?orities %\ld all[ = ! id5tification & jo9t evaluation ( alt]natives propos$ by /akehold]s2 7,j7 t int]regional plann+ %\ld be done regul>ly & n less frequ5tly ?an once e #c ye>s2 & 7,k7 ! elim9ation ( arbitr>y project voltage1 size1 or co/ requirem5ts = int]regional solutions2 & 7#c7 co/ allocation me?odologies t reflect ! multiple b5efits provid$ by int]regional solutions4 7b7 ,tim+ ,n lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,f$]al ,en]gy ,regulatory ,commission %all promulgate a f9al rule to complete ! rulemak+ initiat$ "u subsection 7a74