AN ACT REPEALING THE COMBINED PUBLIC BENEFITS CHARGE AND REQUIRING LEGISLATIVE APPROVAL FOR ANY FUTURE COMBINED PUBLIC BENEFITS CHARGE.

HB 5402 repeals the current "Combined Public Benefits Charge" from electric bills for end-use customers and requires the General Assembly to approve any future similar charge through a formal vote. This bill directly affects residential and commercial electricity customers by removing an existing fee from their monthly bills and preventing new fees without legislative consent. The key provision mandates that electric distribution companies cannot add such charges unless the legislature votes affirmatively to authorize them. The bill aims to shift control over these fees from utility companies to elected representatives.