,,ii #aah? ,,congress #a/ ,session ,s4 #agdh ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #ah1 #bjbc,mr4 ,he9ri* introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to require ! ,f$]al ,en]gy ,regulatory ,commission to re=m ! int]regional transmission plann+ process1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,int]regional ,transmission ,plann+ ,improvem5t ,act ( #bjbc4 #b4 ,increas+ effectiv5ess ( int]regional transmission plann+ 7a7 ,9 g5]al ,! ,f$]al ,en]gy ,regulatory ,commission 7ref]r$ to 9 ?is section z ! ,commission7 %all ensure-- 7#a7 ! effectiv5ess ( exi/+ plann+ processes = id5tify+ int]regional transmission projects t provide economic1 reliability1 & op]ational b5efits1 tak+ into consid]ation ! public int]e/1 ! integrity ( m>kets1 & ! protection ( consum]s2 7#b7 any *anges to ! processes describ$ 9 p>agraph 7#a7 promote effici5t1 co/-effective1 & broadly b5eficial int]regional transmission solutions t are select$ = co/ allocation-- 7,a7 tak+ into consid]ation-- 7i7 ! public int]e/2 7ii7 ! integrity ( m>kets2 7iii7 ! protection ( consum]s2 7iv7 ! broad range ( economic1 reliability1 & op]ational b5efits2 7v7 ! ne$ = s+le projects to secure approvals bas$ on a compreh5sive assessm5t ( ! multiple b5efits provid$2 7vi7 t projects t meet int]regional b5efit crit]ia %\ld n be subject to subsequ5t reassessm5t by transmission plann+ au?orities2 7vii7 ! importance ( syn*ronization ( plann+ processes 9 neighbor+ regions1 su* z us+ a jo9t model on a consi/5t timel9e ) a s+le set ( ne$s1 input assumptions1 & b5efit metrics2 7viii7 t evaluation ( long-t]m sc5>ios %\ld align ) ! expect$ life ( a transmission asset to be n less ?an #bj ye>s2 7ix7 t transmission plann+ au?orities %\ld all[ = ! id5tification & jo9t evaluation ( alt]natives propos$ by /akehold]s2 7x7 t int]regional plann+ %\ld be done regul>ly & n less frequ5tly ?an once e #b ye>s2 & 7xi7 ! elim9ation ( arbitr>y project voltage1 size1 or co/ requirem5ts = int]regional solutions2 & 7,b7 reg>dless ( ! regulatory or bus9ess model ( ! entity develop+ ! transmission project2 & 7#c7 ! use ( co/ allocation me?odologies t-- 7,a7 reflect ! multiple b5efits provid$ by int]regional transmission solutions1 includ+ economic1 reliability1 resili5cy1 op]ational b5efits2 & 7,b7 assign co/s broadly to cu/om]s bas$ on ! multiple b5efits describ$ 9 subp>agraph 7,a7 receiv$ by cu/om]s4 7b7 ,recov]y ( co/s ,! ,commission %all all[ a transmission develop] ( an int]regional transmission project t meets ! crit]ia describ$ 9 subsection 7a77#b77;,a7 to submit to ! ,commission a reque/ to recov] ! co/ ( ! project if ! transmission develop] demon/rates to ! satisfaction ( ! ,commission t-- 7#a7 ! project connects m ?an #a plann+ region2 7#b7 no int]regional plan t meets ! crit]ia describ$ 9 subsection 7a77#b77;,a7 has be5 adopt$ by ! connect$ plann+ regions2 & 7#c7 ! b5efits ( ! project outweigh ! co/s ( ! project4 7c7 ,rulemak+ ,n lat] ?an #ah mon?s aft] ! date ( enactm5t ( ?is ,act1 ! ,commission %all promulgate a f9al rule to implem5t ?is section4