,i  #aai? ,,congress  #a/ ,session  ,h4 
,r4 #aadh  ,,9 ,,! ,,h\se ,,(           
,,repres5tatives  ,febru>y #g1 #bjbe,mr4
 ,van ,drew introduc$ ! foll[+ bill2 :i*
 0 ref]r$ to ! ,committee on ,en]gy &   
,comm]ce  ,a ,,bill  ,to am5d ! ,public 
,utility ,regulatory ,policies ,act (   
#aigh to require ,/ates to consid]      
prohibit+ co/ recov]y relat$ to sm>t    
grid projects1 & = o!r purposes4  #a4   
,%ort title ,?is ,act may be cit$ z !   
,/op ,misappropriat+ ,ratepay] ,t>iffs =
 ,excessive ,res\rces ,act or ! ,,sm>t] 
,act4  #b4 ,sm>t grid co/ recov]y  7a7  
,consid]ation & det]m9ation respect+    
c]ta9 ratemak+ /&>ds  7#a7 ,repeal      
,section #aaa7;d77#ah77;,b7 ( ! ,public 
,utility ,regulatory ,policies ,act (   
#aigh 7#af ,u4,s4,c4                    
#bfba7;d77#ah77;,b77 is repeal$4  7#b7  
,e/abli%m5t ,section #aaa7;d7 ( !       
,public ,utility ,regulatory ,policies  
,act ( #aigh 7#af ,u4,s4,c4 #bfba7;d77  
is am5d$ by add+ at ! end ! foll[+3     
7#bb7 ,prohibition on rate recov]y =    

sm>t grid inve/m5ts ,no electric utility
 may recov] f ratepay]s any capital1    
op]at+ exp5diture1 or o!r co/s ( !      
electric utility relat+ to ! deploym5t (
 any sm>t grid sy/em4  4  7b7           
,obligations ,to consid] & det]m9e  7#a7
 ,"t limitations ,section #aab7;b7 ( !  
,public ,utility ,regulatory ,policies  
,act ( #aigh 7#af ,u4,s4,c4 #bfbb7;b77  
is am5d$ by add+ at ! end ! foll[+3     
7#h7 7,a7 ,n lat] ?an #a ye> aft] ! date
 ( enactm5t ( ?is p>agraph1 ea* ,/ate   
regulatory au?ority 7) respect to ea*   
electric utility = :i* ! ,/ate has      
ratemak+ au?ority7 & ea* nonregulat$    
utility %all comm5ce consid]ation "u    
section #aaa1 or set a he>+ date =      
consid]ation1 ) respect to ! /&>d       
e/abli%$ by p>agraph 7#bb7 ( section    
#aaa7;d74  7,b7 ,n lat] ?an #b ye>s aft]
 ! date ( enactm5t ( ?is p>agraph1 ea*  
,/ate regulatory au?ority 7) respect to 
ea* electric utility = :i* ! ,/ate has  
ratemak+ au?ority71 & ea* nonregulat$   
electric utility %all complete !        

consid]ation & make ! det]m9ation "u    
section #aaa ) respect to ! /&>d        
e/abli%$ by p>agraph 7#bb7 ( section    
#aaa7;d74  4  7#b7 ,failure to comply   
,section #aab7;c7 ( ! ,public ,utility  
,regulatory ,policies ,act ( #aigh 7#af 
,u4,s4,c4 #bfbb7;c77 is am5d$ by add+ at
 ! end ! foll[+3 ,9 ! case ( ! /&>d     
e/abli%$ by p>agraph 7#bb7 ( section    
#aaa7;d71 ! ref]5ce conta9$ 9 ?is       
subsection to ! date ( enactm5t ( ?is   
,act %all be deem$ to be a ref]5ce to ! 
date ( enactm5t ( t p>agraph 7#bb744    
7#c7 ,prior ,/ate actions ,section #aab 
( ! ,public ,utility ,regulatory        
,policies ,act ( #aigh 7#af ,u4,s4,c4   
#bfbb7 is am5d$ by add+ at ! end !      
foll[+3  7i7 ,prior ,/ate actions       
,subsections 7b7 & 7c7 %all n apply to !
 /&>d e/abli%$ by p>agraph 7#bb7 (      
section #aaa7;d7 9 ! case ( any electric
 utility 9 a ,/ate if1 be=e ! date (    
enactm5t ( ?is subsection-- 7#a7 ! ,/ate
 has implem5t$ = ! electric utility !   
/&>d 7or a comp>able /&>d72  7#b7 !     

,/ate regulatory au?ority = ! ,/ate or !
 relevant nonregulat$ electric utility  
has conduct$ a proce$+ to consid]       
implem5tation ( ! /&>d 7or a comp>able  
/&>d7 = ! electric utility2 or  7#c7 !  
,/ate legislature has vot$ on !         
implem5tation ( ! /&>d 7or a comp>able  
/&>d7 = ! electric utility dur+ ! #c-ye>
 p]iod end+ on t date ( enactm5t4  4    
7c7 ,prior & p5d+ proce$+s ,section #abd
 ( ! ,public ,utility ,regulatory       
,policies ,act ( #aigh 7#af ,u4,s4,c4   
#bfcd7 is am5d$ by add+ at ! end !      
foll[+3 ,9 ! case ( ! /&>d e/abli%$ by  
p>agraph 7#bb7 ( section #aaa7;d71 !    
ref]5ce conta9$ 9 ?is section to ! date 
( enactm5t ( ?is ,act %all be deem$ to  
be a ref]5ce to ! date ( enactm5t ( t   
p>agraph 7#bb744