Requires electric public utilities to submit transmission project proposal to BPU for approval.

This bill requires electric public utilities in New Jersey to submit transmission project proposals to the Board of Public Utilities (BPU) for approval before starting construction or modifications of transmission lines. Proposals must detail environmental impacts, full project costs, evidence of public benefits (like reliability or lower costs), and cost-effective alternatives. The BPU must review proposals within 90 days and approve them only if deemed reasonable, in the public interest, and cost-effective. The bill aims to ensure transmission projects are necessary, affordable, and minimize unnecessary costs for consumers.