"Affordable Power Purchase Agreements Extension Act"; concerns extension of certain public entity contracts related to energy conservation and renewable energy production.
What changed between versions
The STATEMENT section describing the bill's purpose as the 'Affordable Power Purchase Agreements Extension Act' was removed. This statement had explained that the bill authorizes certain public entities to extend existing energy contracts for a term not to exceed 30 years in aggregate, with safeguards preserving ratepayer benefits.
Section 5 amending C.40A:11-5 was restructured and renumbered (marked with bracket notation indicating deletion and replacement). The content of the exemption list for contracts that may be awarded without public bidding appears substantively identical to the introduced version, with differences limited to formatting and line breaks.
The version designation changed from 'As introduced' to 'As amended by the General Assembly on June 30, 2026,' confirming the bill passed through the General Assembly with amendments before being reprinted for Senate action.