Bill Title: Amends the Public Utilities Act. Adds an Article to provide for the divestiture of electrical generating facilities by entities owning multiple electrical generating facilities that also have an ownership stake in an electric utility serving more than 3,000,000 retail customers. Requires divestiture to occur by January 1, 2022. Provides that if divestiture does not occur, the entity is ineligible to recover through tariffed charges all of the costs associated with the purchase of zero emissions credits and that those costs shall be covered from entity profits, returns, or shareholder funds. Defines terms. Effective immediately.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2022-02-23 - Chief Sponsor Changed to Sen. Don Harmon [SB2010 Detail]

Text: Latest bill text (Introduced) [HTML]

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