,,ii #aai? ,,congress #a/ ,session ,s4 #cjcd ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,octob] #bc1 #bjbe ,mr4 ,cotton introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,en]gy & ,natural ,res\rces ,a ,,bill ,to am5d ! ,f$]al ,p[] ,act to require ! ,f$]al ,en]gy ,regulatory ,commission to review regulations t may affect ! reliable op]ation ( ! bulk-p[] sy/em1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,reliable ,p[] ,act4 #b4 ,commission review & comm5t = cov]$ ag5cy actions ,section #bae ( ! ,f$]al ,p[] ,act 7#af ,u4,s4,c4 #hbdo7 is am5d$-- 7#a7 9 subsection 7g7-- 7,a7 by /rik+ ,! ,,ero & ins]t+ ! foll[+3 7#a7 ,9 g5]al ,! ,,ero 2 & 7,b7 by add+ at ! end ! foll[+3 7#b7 ,annual long-t]m assessm5t ,! assessm5ts "u p>agraph 7#a7 %all include an annual long-t]m assessm5t1 :i* %all include-- 7,a7 an analysis ( ! ability ( ! bulk-p[] sy/em to supply suffici5t electric en]gy to ma9ta9 an adequate level ( reliability1 tak+ into acc\nt-- 7i7 g5]ation res\rce mix2 7ii7 transmission developm5t2 & 7iii7 electric en]gy dem& tr5ds2 7,b7 an analysis (-- 7i7 ! risk ( future electric en]gy supply %ortfalls "u normal & extreme wea!r conditions2 & 7ii7 ! risk ( any su* %ortfalls )9 ea* region ( ! bulk-p[] sy/em2 & 7,c7 a det]m9ation ( :e!r additional g5]ation res\rces are necess>y to supply suffici5t electric en]gy to ma9ta9 an adequate level ( reliability dur+ ! assessm5t p]iod4 7#c7 ,notice ( g5]ation inadequacy ,9 conduct+ a long-t]m assessm5t "u p>agraph 7#b71 if ! ,,ero det]m9es t ! bulk-p[] sy/em is at risk ( n hav+ adequate g5]ation res\rces to supply suffici5t electric en]gy to ma9ta9 an adequate level ( reliability1 ! ,,ero %all publicly notify ! ,commission t ! bulk-p[] sy/em is 9 a /ate ( g5]ation inadequacy4 7#d7 ,data collection ,to conduct a long-t]m assessm5t "u p>agraph 7#b71 ! ,,ero may collect in=mation & data f us]s1 own]s1 & op]ators ( ! bulk-p[] sy/em4 2 7#b7 by r$esignat+ subsections 7h7 ?r\gh 7k7 z subsections 7i7 ?r\gh 7l71 respectively2 & 7#c7 by ins]t+ aft] subsection 7g7 ! foll[+3 7h7 ,commission review & comm5t = cov]$ ag5cy actions 7#a7 ,def9itions ,9 ?is subsection3 7,a7 ,cov]$ ag5cy action ,! t]m cov]$ ag5cy action means a regulation t-- 7i7 relates to1 or o!rwise directly affects1 any g5]ation res\rce 9 ! bulk-p[] sy/em2 & 7ii7 on ! date on :i* ! applicable ,f$]al ag5cy receives notice f ! ,commission "u p>agraph 7#b7-- 7,i7 is "u developm5t to be propos$2 or 7,,ii7 is o!rwise "u consid]ation 9 a rulemak+ proce$+4 7,b7 ,f$]al ag5cy ,! t]m ,f$]al ag5cy means an ,executive dep>tm5t 7z def9$ 9 section #aja ( title #e1 ,unit$ ,/ates ,code7 or any o!r ,executive ag5cy ! head ( :i* holds a ,cab9et-level position4 7#b7 ,notice to ,f$]al ag5cies ,if ! ,,ero notifies ! ,commission "u subsection 7g77#c7 t ! bulk-p[] sy/em is 9 a /ate ( g5]ation inadequacy1 ! ,commission %all promptly notify ! ,dep>tm5t ( ,en]gy1 ! ,environm5tal ,protection ,ag5cy1 & any o!r ,f$]al ag5cy ! ,commission det]m9es appropriate ( t /ate ( g5]ation inadequacy4 7#c7 ,submission ( cov]$ ag5cy actions to ! ,commission 7,a7 ,9 g5]al ,n lat] ?an ! applicable date describ$ 9 subp>agraph 7,b71 ! head ( ea* ,f$]al ag5cy t receives a notification "u p>agraph 7#b7 %all submit to ! ,commission = review & comm5t any cov]$ ag5cy action ( ! ,f$]al ag5cy4 7,b7 ,date describ$ ,! date ref]r$ to 9 subp>agraph 7,a7 is-- 7i7 ! fir/ date on :i* ! applicable cov]$ ag5cy action is provid$ to ! ,(fice ( ,managem5t & ,budget or any o!r ,f$]al ag5cy = review & comm5t2 7ii7 if ! applicable cov]$ ag5cy action is n provid$ to ! ,(fice ( ,managem5t & ,budget or any o!r ,f$]al ag5cy = review & comm5t1 ! date t is #ij days be=e ! date on :i* ! cov]$ ag5cy action is publi%$ 9 ! ,f$]al ,regi/] or o!rwise made available = public inspection or comm5t2 or 7iii7 if1 z ( ! date on :i* ! ,f$]al ag5cy receives ! applicable notification "u p>agraph 7#b71 ! cov]$ ag5cy action has already be5 provid$ to ! ,(fice ( ,managem5t & ,budget or any o!r ,f$]al ag5cy = review & comm5t1 or has already be5 publi%$ 9 ! ,f$]al ,regi/] or o!rwise made available = public inspection or comm5t1 ! date t is #fj days aft] ! date on :i* ! ,f$]al ag5cy receiv$ ! notification4 7#d7 ,commission comm5ts ,! ,commission1 9 consultation ) ! ,,ero & transmission organizations1 %all1 by ord]1 provide to ! ,f$]al ag5cy head t submitt$ to ! ,commission a cov]$ ag5cy action "u p>agraph 7#c7-- 7,a7 comm5ts on ! cov]$ ag5cy action1 :i* may include an assessm5t ( ! effect ( ! cov]$ ag5cy action on rates1 t]ms1 & conditions = s]vices pursuant to ! au?ority ( ! ,commission "u sections #bja & #bjf2 & 7,b7 if applicable1 recomm5dations = modifications to ! cov]$ ag5cy action to prev5t a significant negative impact on ! ability ( ! bulk-p[] sy/em to supply suffici5t electric en]gy to ma9ta9 an adequate level ( reliability4 7#e7 ,ag5cy response ,! head ( a ,f$]al ag5cy may n f9alize a cov]$ ag5cy action t is submitt$ to ! ,commission "u p>agraph 7#c7 until-- 7,a7 ! ag5cy head responds 9 writ+ to ! ,commission ) an explanation ( h[ ! ag5cy head modifi$1 or :y ! ag5cy head det]m9$ n to modify1 ! cov]$ ag5cy action 9 response to any comm5ts & recomm5dations provid$ by ! ,commission "u p>agraph 7#d72 & 7,b7 ! ,commission det]m9es t ! cov]$ ag5cy action is n likely to h a significant negative impact on ! ability ( ! bulk-p[] sy/em to supply suffici5t electric en]gy to ma9ta9 an adequate level ( reliability4 7#f7 ,public availability ( comm5ts & responses ,a ,f$]al ag5cy head %all include any comm5ts1 recomm5dations1 & responses relat+ to ! cov]$ ag5cy action "u p>agraphs 7#d7 & 7#e7 9-- 7,a7 any submission ( ! cov]$ ag5cy action to ! ,f$]al ,regi/] = publication2 & 7,b7 any o!r place 9 :i* ! cov]$ ag5cy action is o!rwise made available = public inspection or comm5t4 4