TO AMEND THE LAW CONCERNING PUBLIC UTILITIES; TO CREATE THE GENERATING ARKANSAS JOBS ACT OF 2025; AND TO DECLARE AN EMERGENCY.

SB 307, now Act 373, creates the "Generating Arkansas Jobs Act of 2025" to support energy infrastructure investments. It requires the Arkansas Public Service Commission to consider strategic investments in natural gas and electric generation when setting utility rates, allowing companies to recover costs for approved projects. The bill mandates refunds to customers for imprudently incurred costs and sets new requirements for utility infrastructure projects to ensure grid reliability during extreme weather. It directly affects investor-owned electric and natural gas utilities operating in Arkansas by changing how they recover infrastructure costs through rate cases. The legislation declares an emergency to expedite these energy infrastructure developments.