AN ACT CONCERNING TECHNICAL SUPPORT FOR MUNICIPAL ELECTRIC UTILITIES AND ESTABLISHING THE MUNICIPAL ELECTRIC UTILITY INVESTMENT FUND.
SB 422 creates a new office within the Department of Energy and Environmental Protection to provide technical and operational support to municipalities operating or planning municipal electric utilities. It also establishes the Municipal Electric Utility Investment Fund, which will offer grants or low-interest loans to help municipalities acquire, build, expand, or improve their electric grid infrastructure. The bill directly affects towns and cities seeking to develop or upgrade their own local electric systems. Key provisions include standardized technical assistance and new financial tools to support municipal utility projects. This is a concrete policy change focused on enabling local utility development, not on regulating consumer rates or energy sources.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2025
Last action Jan 10, 2025
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Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Jan 10, 2025
Committee
REF. TO JOINT COMM. ON Energy and Technology
upper
0 primary · 0 co-sponsors
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