Increase power generation; improve Ohio’s electric grid

Added new definitions for 'Subdivision', 'Legislative authority', 'Subdivision's territory', 'Brownfield', 'Former coal mine', and 'Qualifying property' to support tax exemption provisions.

Defined 'small wind farm', 'small solar facility', 'anaerobic digester', and 'other small electric generating facility' to clarify which facilities are exempt from power siting board jurisdiction and subject to local zoning authority.

Created a new tax exemption program allowing legislative authorities to designate brownfields and former coal mines as priority investment areas, providing five years of property tax exemption for qualifying property in those areas.

Reduced the power siting board's decision timeline for construction certificates in priority investment areas from 90 days to 45 days, and established automatic approval if no decision is made within the timeframe.

Established the 'school energy performance contracting loan fund' to provide low-interest loans to school districts for energy conservation measures, with repayment terms of up to 10 years at 2% annual interest.

Modified public utility valuation procedures to include projected valuations for natural gas, water-works, and sewage disposal system companies, and added requirements for three independent appraisals when large water-works or sewage disposal companies acquire municipal systems.

Added new provisions requiring electric distribution utilities to audit behind-the-meter electric generation service compliance and prohibiting utilities from recovering certain costs from retail customers not receiving behind-the-meter service.

Corrected formatting and line breaks in several sections, particularly in the definitions of major utility facilities and the power siting board's application review procedures.